Ritchie Bros. Auctioneers ( RBA) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 1.5%. By the end of trading, Ritchie Bros. Auctioneers rose 48 cents (2.4%) to $20.54 on light volume. Throughout the day, 369,248 shares of Ritchie Bros. Auctioneers exchanged hands as compared to its average daily volume of 600,500 shares. The stock ranged in a price between $20.05-$20.57 after having opened the day at $20.22 as compared to the previous trading day's close of $20.06. Other companies within the Diversified Services industry that increased today were: Spar Group ( SGRP), up 18.2%, Innotrac Corporation ( INOC), up 14.6%, Bioanalytical Systems ( BASI), up 12.8%, and Teamstaff ( TSTF), up 7.9%.

Ritchie Bros. Auctioneers Incorporated, an industrial auctioneer, sells various equipment to on-site and online bidders worldwide. Ritchie Bros. Auctioneers has a market cap of $2.1 billion and is part of the services sector. The company has a P/E ratio of 33, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 13% year to date as of the close of trading on Friday. Currently there are four analysts that rate Ritchie Bros. Auctioneers a buy, two analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates Ritchie Bros. Auctioneers 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.

On the negative front, Oxygen Biotherapeutics ( OXBT), down 16.5%, Stream Global Services ( SGS), down 13%, UTEK ( INV), down 12.4%, and China Yida ( CNYD), down 11.1%, were all losers within the diversified services industry with Fiserv ( FISV) being today's diversified services industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).
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