3 Stocks Pushing The Food & Beverage Industry Downward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 67 points (0.4%) at 16,436 as of Friday, Aug. 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,992 issues advancing vs. 961 declining with 169 unchanged.

The Food & Beverage industry currently is unchanged today versus the S&P 500, which is up 0.4%.

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

3. BRF ( BRFS) is one of the companies pushing the Food & Beverage industry lower today. As of noon trading, BRF is down $0.48 (-1.9%) to $24.60 on average volume. Thus far, 445,502 shares of BRF exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $24.57-$25.01 after having opened the day at $24.91 as compared to the previous trading day's close of $25.08.

BRF S.A., together with its subsidiaries, is engaged in raising, producing, and slaughtering poultry, pork, and beef in Brazil. It operates in four segments: Domestic Market, Foreign Market, Dairy Products, and Food Service. BRF has a market cap of $22.0 billion and is part of the consumer goods sector. Shares are up 20.2% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate BRF a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates BRF as a hold. 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 and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full BRF Ratings Report now.

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