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) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Potash Corporation of Saskatchewan fell $0.42 (-1.1%) to $38.10 on average volume. Throughout the day, 4,295,753 shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 4,963,800 shares. The stock ranged in price between $38.05-$38.81 after having opened the day at $38.64 as compared to the previous trading day's close of $38.52. Other companies within the Chemicals industry that declined today were:
), down 5.4%,
), down 4.6%,
), down 3.4% and
), down 2.6%.
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Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. Potash Corporation of Saskatchewan has a market cap of $33.3 billion and is part of the basic materials sector. Shares are down 5.3% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Potash Corporation of Saskatchewan a buy, 2 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Potash Corporation of Saskatchewan
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Potash Corporation of Saskatchewan Ratings Report.
On the positive front,
), up 6.6%,
), up 6.3%,
), up 4.9% and
), up 4.8% , were all gainers within the chemicals industry with
) being today's featured chemicals industry leader.
- Use our chemicals section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider
) while those bearish on the chemicals industry could consider
- Find other investment ideas from our top rated ETFs lists.