FMC Corporation (FMC): Today's Featured Chemicals Loser

FMC Corporation ( FMC) pushed the Chemicals industry lower today making it today's featured Chemicals loser. The industry as a whole closed the day up 0.2%. By the end of trading, FMC Corporation fell 79 cents (-1.5%) to $50.97 on average volume. Throughout the day, 1.2 million shares of FMC Corporation exchanged hands as compared to its average daily volume of one million shares. The stock ranged in price between $50.36-$51.96 after having opened the day at $51.83 as compared to the previous trading day's close of $51.76. Other company's within the Chemicals industry that declined today were: Lizhan Environmental ( LZEN), down 13%, Pure Bioscience ( PURE), down 6.1%, TPC Group ( TPCG), down 5.7%, and Kraton Performance Polymers ( KRA), down 4.2%.

FMC Corporation, a chemical company, provides solutions, applications, and products for agricultural, consumer, and industrial markets. The company operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. FMC Corporation has a market cap of $7.21 billion and is part of the basic materials sector. The company has a P/E ratio of 17.7, below the average chemicals industry P/E ratio of 19.1 and equal to the S&P 500 P/E ratio of 17.7. Shares are up 20.3% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate FMC Corporation a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates FMC Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Altair Nanotechnologies ( ALTI), up 21.8%, Synthesis Energy Sys ( SYMX), up 18.4%, Cereplast ( CERP), up 10.5%, and Ceres ( CERE), up 10.4%, were all gainers within the chemicals industry with PPG Industries ( PPG) being today's featured chemicals industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider Materials Select Sector SPDR ( XLB) while those bearish on the chemicals industry could consider ProShares Short Basic Materials Fd ( SBM).

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