Dow Chemical ( DOW) pushed the Chemicals industry lower today making it today's featured Chemicals loser. The industry as a whole closed the day down 2.7%. By the end of trading, Dow Chemical fell $1.38 (-4.7%) to $27.86 on light volume. Throughout the day, 9.7 million shares of Dow Chemical exchanged hands as compared to its average daily volume of 13.5 million shares. The stock ranged in price between $27.85-$28.80 after having opened the day at $28.79 as compared to the previous trading day's close of $29.25. Other company's within the Chemicals industry that declined today were: Gevo Inc ( GEVO), down 14.3%, TPC Group Inc ( TPCG), down 9.8%, Huntsman Corporation ( HUN), down 9.3%, and Lightbridge ( LTBR), down 9.1%. The Dow Chemical Company manufactures and supplies products used as raw materials in the production of customer products and services worldwide. Dow Chemical has a market cap of $31.3 billion and is part of the basic materials sector. The company has a P/E ratio of 12.3, above the average chemicals industry P/E ratio of 12 and below the S&P 500 P/E ratio of 17.7. Shares are down 14.8% year to date as of the close of trading on Friday. TheStreet Ratings rates The Dow Chemical as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself.
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