The wholesale industry closed the day up 1.8%. China Auto Logistics Inc ( CALI), Westinghouse Solar Inc ( WEST), Richardson Electronics ( RELL), and Universal Power Group Inc ( UPG) were all decliners today within the wholesale industry with Macquarie Infrastructure Company ( MIC) being today's featured wholesale loser. Macquarie Infrastructure Company fell 76 cents (-3.2%) to $24.43 on average volume. Throughout the day, 341,200 shares of Macquarie Infrastructure Company exchanged hands as compared to its average daily volume of 283,000 shares. Macquarie Infrastructure Company LLC invests, owns, and operates in a diversified group of infrastructure businesses in the United States. Its businesses comprise the energy-related businesses and an aviation-related business. Macquarie Infrastructure Company has a market cap of $1.1 billion and is part of the services sector. The company has a P/E ratio of 48.2, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 11.8% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Macquarie Infrastructure as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and generally poor debt management.
- You can view the full Macquarie Infrastructure Ratings Report.
- Use our wholesale section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
- Find other investment ideas from our top rated ETFs lists.