Skyline Corporation (SKY): Today's Featured Materials & Construction Loser

The materials & construction industry closed the day up 3%. American Mold Guard Incorporated ( AMGI), Nobility Homes Inc ( NOBH), and Continental Materials Corporation ( CUO) were all decliners today within the materials & construction industry with Skyline Corporation ( SKY) being today's featured materials & construction loser. Skyline Corporation fell $1.79 (-19.7%) to $7.30 on heavy volume. Throughout the day, 142,741 shares of Skyline Corporation exchanged hands as compared to its average daily volume of 42,200 shares.

Skyline Corporation and its subsidiaries engage in designing, producing, and marketing manufactured houses, modular homes, and towable recreational vehicles to independent dealers and manufactured housing communities in the United States and Canada. Skyline Corporation has a market cap of $84.2 million and is part of the industrial goods sector. Shares are down 61.8% year to date as of the close of trading on Friday.

TheStreet Ratings rates Skyline as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself.

On the positive front, TRC Companies Inc ( TRR), Sterling Construction Company Inc ( STRL), WCA Waste Corporation ( WCAA), and Comfort Systems USA Inc ( FIX) were all gainers within the materials & construction industry with Waste Management Inc ( WM) being today's featured materials & construction industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM).

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