Heckmann Corp (HEK): Today's Featured Industrial Goods Loser

Heckmann ( HEK) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods loser. The sector as a whole closed the day up 2%. By the end of trading, Heckmann fell 3 cents (-0.9%) to $3.27 on light volume. Throughout the day, 1.6 million shares of Heckmann exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $3.26-$3.40 after having opened the day at $3.28 as compared to the previous trading day's close of $3.30. Other company's within the Industrial Goods sector that declined today were: Presstek ( PRST), down 5.8%, Magnetek ( MAG), down 4.7%, Cementos Pacasmayo SAA ADR ( CPAC), down 4%, and Real Goods Solar ( RSOL), down 3.9%.

Heckmann Corporation operates as a services-based company focused on total water and wastewater solutions for shale or unconventional oil and gas exploration and production. Heckmann has a market cap of $485.7 million and is part of the materials & construction industry. Shares are down 50.4% year to date as of the close of trading on Monday. Currently there are five analysts that rate Heckmann a buy, two analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Heckmann as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, weak operating cash flow and poor profit margins.

On the positive front, India Globalization Capital ( IGC), up 21.2%, NF Energy Saving ( NFEC), up 19.8%, Erickson Air-Crane ( EAC), up 14.8%, and Wowjoint Holdings ( BWOW), up 10.3%, were all gainers within the industrial goods sector with Deere ( DE) being today's featured industrial goods sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).
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