Force Protection Inc. (FRPT): Today's Featured Industrial Goods Loser

The industrial goods sector closed the day up 3.4%. Dixie Group Inc ( DXYN), China Infrastructure Investment Corporation ( CIIC), Advanced Battery Technologies Inc ( ABAT), and TAT Technologies ( TATT) were all decliners today within the industrial goods sector with Force Protection Inc ( FRPT) being today's featured industrial goods loser. Force Protection Inc fell 14 cents (-3.7%) to $3.68 on average volume. Throughout the day, 460,000 shares of Force Protection Inc exchanged hands as compared to its average daily volume of 418,000 shares.

Force Protection, Inc., together with its subsidiaries, engages in the design, manufacture, testing, delivery, and support of blast- and ballistic-protected vehicles. The company's specialty vehicles protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs). Force Protection Inc has a market cap of $264.8 million and is part of the aerospace/defense industry. Shares are down 31.4% year to date as of the close of trading on Friday.

TheStreet Ratings rates Force Protection as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

On the positive front, Hallwood Group Inc ( HWG), India Globalization Capital Inc ( IGC), China Advanced Construction Materials Group ( CADC), and WCA Waste Corporation ( WCAA) were all gainers within the industrial goods sector with Caterpillar Inc ( CAT) being today's featured industrial goods sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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