Walter Energy Inc (WLT): Today's Featured Metals & Mining Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Walter Energy ( WLT) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 4.6%. By the end of trading, Walter Energy fell $0.20 (-1.5%) to $13.50 on light volume. Throughout the day, 5,264,946 shares of Walter Energy exchanged hands as compared to its average daily volume of 8,674,200 shares. The stock ranged in price between $13.31-$13.86 after having opened the day at $13.84 as compared to the previous trading day's close of $13.70. Other companies within the Metals & Mining industry that declined today were: Atlatsa Resources ( ATL), down 12.3%, Cardero Resources Corporation ( CDY), down 9.2%, Ossen Innovation ( OSN), down 7.9% and China Gengsheng Minerals ( CHGS), down 7.3%.

Walter Energy, Inc. produces and exports metallurgical coal for the steel industry. It also produces thermal and industrial coal, anthracite, metallurgical coke, coal bed methane gas, and other related products. Walter Energy has a market cap of $848.5 million and is part of the basic materials sector. Shares are down 61.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Walter Energy a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Walter Energy as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and weak operating cash flow.

On the positive front, USEC ( USU), up 153.7%, Crosshair Energy ( CXZ), up 31.8%, Jaguar Mining ( JAG), up 28.7% and International Tower Hill Mines ( THM), up 27.3% , were all gainers within the metals & mining industry with Freeport-McMoRan Copper & Gold ( FCX) being today's featured metals & mining industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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