Embraer S.A ( ERJ) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense loser. The industry as a whole closed the day up 3%. By the end of trading, Embraer S.A fell 98 cents (-3.6%) to $26.05 on heavy volume. Throughout the day, 3.9 million shares of Embraer S.A exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in price between $25.82-$27 after having opened the day at $26.49 as compared to the previous trading day's close of $27.03. Another company within the Aerospace/Defense industry that decreased today was American Defense Systems Inc ( EAG), down 7.7%. Embraer S.A. engages in the development, production, and sale of jet and turboprop aircraft for civil and defense aviation markets. Embraer S.A has a market cap of $5 billion and is part of the industrial goods sector. The company has a P/E ratio of 15, above the average aerospace/defense industry P/E ratio of 11.6 and below the S&P 500 P/E ratio of 17.7. Shares are down 8.1% year to date as of the close of trading on Wednesday.