Sociedad Quimica Y Minera De Chile SA (SQM): Today's Featured Chemicals Winner

Sociedad Quimica Y Minera De Chile ( SQM) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.3%. By the end of trading, Sociedad Quimica Y Minera De Chile rose 97 cents (1.8%) to $54.18 on average volume. Throughout the day, 417,381 shares of Sociedad Quimica Y Minera De Chile exchanged hands as compared to its average daily volume of 359,400 shares. The stock ranged in a price between $53.45-$54.53 after having opened the day at $53.48 as compared to the previous trading day's close of $53.21. Other companies within the Chemicals industry that increased today were: Pure Bioscience ( PURE), up 10.5%, Methanex Corporation ( MEOH), up 4.8%, Intrepid Potash ( IPI), up 4%, and Solazyme ( SZYM), up 4%.

Chemical and Mining Company of Chile Inc. engages in the production and sale of fertilizers and specialty chemicals in Chile and internationally. Sociedad Quimica Y Minera De Chile has a market cap of $13.84 billion and is part of the basic materials sector. The company has a P/E ratio of 25.4, above the average chemicals industry P/E ratio of 23.7 and above the S&P 500 P/E ratio of 17.7. Shares are down 1.1% year to date as of the close of trading on Tuesday. Currently there are two analysts that rate Sociedad Quimica Y Minera De Chile a buy, one analyst rates it a sell, and two rate it a hold.

TheStreet Ratings rates Sociedad Quimica Y Minera De Chile 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. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Gevo ( GEVO), down 22.5%, Cereplast ( CERP), down 5.7%, Renewable Energy Group ( REGI), down 5.1%, and Lightbridge ( LTBR), down 5.1%, were all losers within the chemicals industry with LyondellBasell Industries ( LYB) being today's chemicals industry loser.

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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