Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Tenaris ( TS) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Tenaris fell $1.91 (-4.5%) to $40.87 on average volume. Throughout the day, 1.5 million shares of Tenaris exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in price between $40.53-$41.60 after having opened the day at $41.28 as compared to the previous trading day's close of $42.78. Other companies within the Metals & Mining industry that declined today were: Quaterra Resources ( QMM), down 19.1%, Gold Standard Ventures ( GSV), down 6.8%, General Steel Holdings ( GSI), down 6.3%, and United States Antimony Corporation ( UAMY), down 6.2%.
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Tenaris S.A., through its subsidiaries, engages in the manufacture and sale of steel pipe products. Tenaris has a market cap of $24.83 billion and is part of the basic materials sector. The company has a P/E ratio of 37.2, above the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Friday. Currently there are five analysts that rate Tenaris a buy, no analysts rate it a sell, and six rate it a hold. TheStreet Ratings rates Tenaris as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.