Corn Products International Inc ( CPO) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods loser. The sector as a whole closed the day up 0.8%. By the end of trading, Corn Products International Inc fell 46 cents (-0.9%) to $51.47 on light volume. Throughout the day, 423,520 shares of Corn Products International Inc exchanged hands as compared to its average daily volume of 692,700 shares. The stock ranged in price between $51-$52.35 after having opened the day at $52.30 as compared to the previous trading day's close of $51.93. Other company's within the Consumer Goods sector that declined today were: SGOCO Group ( SGOC), down 12.8%, Imperial Sugar Company ( IPSU), down 9.5%, Elecsys Corporation ( ESYS), down 9.3%, and Cybex International Inc ( CYBI), down 7.8%. Corn Products International, Inc., together with its subsidiaries, manufactures and sells various ingredients to food and industrial customers in North America, South America, Asia, Africa, and Europe. Corn Products International Inc has a market cap of $3.92 billion and is part of the food & beverage industry. The company has a P/E ratio of 10.8, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Friday. TheStreet Ratings rates Corn Products International as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.
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