RYAAY, JBHT And CPA, Pushing Transportation Industry Downward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 70 points (0.5%) at 14,846 as of Wednesday, Aug. 28, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,865 issues advancing vs. 1,062 declining with 104 unchanged.

The Transportation industry currently sits up 0.8% versus the S&P 500, which is up 0.6%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Ryanair Holdings ( RYAAY) is one of the companies pushing the Transportation industry lower today. As of noon trading, Ryanair Holdings is down $1.24 (-2.5%) to $47.37 on average volume. Thus far, 151,981 shares of Ryanair Holdings exchanged hands as compared to its average daily volume of 283,600 shares. The stock has ranged in price between $47.17-$47.67 after having opened the day at $47.55 as compared to the previous trading day's close of $48.61.

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, and Morocco. Ryanair Holdings has a market cap of $14.0 billion and is part of the services sector. Shares are up 43.7% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Ryanair Holdings a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Ryanair Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Ryanair Holdings Ratings Report now.

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