4 Stocks Pushing The Chemicals Industry Lower

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 21 points (0.1%) at 16,093 as of Tuesday, Nov. 26, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,560 issues advancing vs. 1,331 declining with 131 unchanged.

The Chemicals industry currently sits up 0.1% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was Sherwin-Williams Company ( SHW), up 0.6%. A company within the industry that increased today was LyondellBasell Industries ( LYB), up 1.0%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Sociedad Quimica Y Minera De Chile ( SQM) is one of the companies pushing the Chemicals industry lower today. As of noon trading, Sociedad Quimica Y Minera De Chile is down $0.28 (-1.1%) to $24.07 on average volume. Thus far, 443,449 shares of Sociedad Quimica Y Minera De Chile exchanged hands as compared to its average daily volume of 880,500 shares. The stock has ranged in price between $24.04-$24.25 after having opened the day at $24.25 as compared to the previous trading day's close of $24.35.

Chemical and Mining Company of Chile Inc. engages in the production and distribution of specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and potassium sulfate, industrial chemicals, and other commodity fertilizers. Sociedad Quimica Y Minera De Chile has a market cap of $6.5 billion and is part of the basic materials sector. The company has a P/E ratio of 10.0, below the S&P 500 P/E ratio of 17.7. Shares are down 57.0% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Sociedad Quimica Y Minera De Chile a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Sociedad Quimica Y Minera De Chile as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Sociedad Quimica Y Minera De Chile Ratings Report now.

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