Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day up 0.5%. By the end of trading, United States Steel Corporation fell 26 cents (-1.2%) to $21.41 on light volume. Throughout the day, 5.8 million shares of United States Steel Corporation exchanged hands as compared to its average daily volume of 10.1 million shares. The stock ranged in price between $21.35-$22.07 after having opened the day at $22.02 as compared to the previous trading day's close of $21.67. Other companies within the Basic Materials sector that declined today were:
), down 13.7%,
), down 10.8%,
), down 10.5%, and
), down 10.2%.
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United States Steel Corporation engages in the production and sale of steel mill products in North America and Europe. The company operates in three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). United States Steel Corporation has a market cap of $3.16 billion and is part of the metals & mining industry. Shares are down 17.2% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate United States Steel Corporation a buy, two analysts rate it a sell, and nine rate it a hold.
TheStreet Ratings rates United States Steel Corporation as a
. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and deteriorating net income.
- You can view the full United States Ratings Report.
On the positive front,
), up 17.6%,
), up 12.2%,
), up 12.1%, and
), up 11.8%, were all gainers within the basic materials sector with
) being today's featured basic materials sector leader.
- Use our basic materials 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 basic materials sector could consider
) while those bearish on the basic materials sector could consider
- Find other investment ideas from our top rated ETFs lists.
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