ProLogis Inc (PLD): Today's Featured Financial Loser
(
) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day down 0.8%. By the end of trading, ProLogis Inc fell 53 cents (-2%) to $25.68 on light volume. Throughout the day, 3.3 million shares of ProLogis Inc exchanged hands as compared to its average daily volume of 4.5 million shares. The stock ranged in price between $25.60-$26.30 after having opened the day at $26.10 as compared to the previous trading day's close of $26.21. Other company's within the Financial sector that declined today were:
(
), down 33.3%,
(
), down 22.9%,
Income Opportunity Realty Investors
(
), down 17.6%, and
Affirmative Insurance Holdings Inc
(
), down 14.7%.
Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. ProLogis Inc has a market cap of $12.62 billion and is part of the
industry. The company has a P/E ratio of 72.5, above the S&P 500 P/E ratio of 17.7. Shares are down 17.3% year to date as of the close of trading on Monday.
TheStreet Ratings rates ProLogis as a
. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and poor profit margins.
- You can view the full ProLogis Ratings Report.
On the positive front,
Princeton National Bancorp Inc
(
), up 35.4%,
(
), up 14.5%,
(
), up 12.2%, and
(
), up 9.1%, were all gainers within the financial sector with
(
) being today's featured financial sector winner.
- Use our financial section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
(
) while those bearish on the financial sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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