Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.1%. By the end of trading, Tenaris rose $0.48 (1.1%) to $42.67 on light volume. Throughout the day, 391,559 shares of Tenaris exchanged hands as compared to its average daily volume of 1,280,800 shares. The stock ranged in a price between $42.08-$42.69 after having opened the day at $42.13 as compared to the previous trading day's close of $42.19. Other companies within the Metals & Mining industry that increased today were:
), up 12.4%,
), up 8.3%,
), up 7.1% and
), up 6.7%.
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Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $25.2 billion and is part of the industrial goods sector. Shares are down 3.4% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Tenaris a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Tenaris Ratings Report.
On the negative front,
), down 12.7%,
), down 8.1%,
), down 7.8% and
), down 6.9% , were all laggards within the metals & mining industry with
) being today's metals & mining industry laggard.
- Use our metals & mining section to find industry-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 metals & mining industry could consider
) while those bearish on the metals & mining industry could consider
- Find other investment ideas from our top rated ETFs lists.