Owens-Illinois Inc (OI): Today's Featured Consumer Non-Durables Winner

Owens-Illinois Inc ( OI) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day down 1.6%. By the end of trading, Owens-Illinois Inc rose 25 cents (1.2%) to $20.77 on average volume. Throughout the day, 2.1 million shares of Owens-Illinois Inc exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in a price between $20.35-$20.93 after having opened the day at $20.37 as compared to the previous trading day's close of $20.52. Other companies within the Consumer Non-Durables industry that increased today were: Deswell Industries Inc ( DSWL), up 9.9%, Tufco Technologies ( TFCO), up 5.5%, Physicians Formula Holdings Inc ( FACE), up 4.4%, and Crocs Inc ( CROX), up 3%.

Owens-Illinois, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers primarily in Europe, North America, South America, and the Asia Pacific. Owens-Illinois Inc has a market cap of $3.25 billion and is part of the consumer goods sector. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are down 33.2% year to date as of the close of trading on Friday.

TheStreet Ratings rates Owens-Illinois as a hold. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including generally poor debt management, disappointing return on equity and poor profit margins.

On the negative front, Fuwei Films Company ( FFHL), down 18.6%, Forward Industries Inc ( FORD), down 8.6%, China Xiniya Fashion ( XNY), down 7%, and Zuoan Fashion ( ZA), down 6.8%, were all losers within the consumer non-durables industry with Lululemon Athletica Inc ( LULU) being today's consumer non-durables industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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