Filed Under: ,
Tickers in this Article: GTLS, SLCA, KUB, FLR, TOL, MIDD, SPG
The Nasdaq has climbed 0.7%, the S&P 500 is up 0.3% and the Dow has increased 0.3% on a good day for the market so far. The capital goods sector is the category of stocks related to the manufacture or distribution of goods. The sector is diverse, containing companies that manufacture machinery used to create capital goods, electrical equipment, aerospace and defense, engineering and construction projects. It is also referred to as the "industrials sector". Performance in the capital goods sector is sensitive to fluctuations in the business cycle. Because it relies heavily on manufacturing, the sector does well when the economy is booming or expanding. As economic conditions worsen, the demand for capital goods drops off, usually lowering the prices of stocks in the sector.

The Capital Goods sector (XLI) is down 0.3% on a good day for the market overall. The biggest movers in the sector so far are:
CompanyMarket CapPercentage Change
Chart Industries (Nasdaq:GTLS)$1.79 billion+3.3%
US Silica Holdings (NYSE:SLCA)$756.2 million+3.2%
Kubota Corporation (NYSE:KUB)$13.75 billion-2%
Fluor (NYSE:FLR)$8.91 billion+2%
Toll Brothers, Inc (NYSE:TOL)$5.15 billion+1.6%
Middleby (Nasdaq:MIDD)$2.43 billion-1.5%
Simon Property Group (NYSE:SPG)$47.1 billion+1.5%
Broker Summary: Charles Schwab Online Brokerage

Chart Industries (Nasdaq:GTLS) has risen 3.3% to hit a current price of $61.74 per share. The company's volume is currently 305,459 shares for the day,.

US Silica Holdings (NYSE:SLCA) is currently trading at $14.77 per share, a 3.2% increase. So far today, the company's volume is 75,737 shares.

After a decline of 2%, Kubota Corporation (NYSE:KUB) has hit a share price of $53.61. At 6,060 shares, the company's volume so far today is 0.3 times its current three-month average.

Fluor (NYSE:FLR) has moved up 2% and is currently trading at $54.58 per share. So far today, the company's volume is 718,861 shares. This is in keeping with its current daily average.

Toll Brothers, Inc (NYSE:TOL) has risen 1.6% and is currently trading at $31.11 per share. So far today, the company's volume is 1.7 million shares, which is likely to result in less activity than yesterday's volume of 5.7 million shares.

Middleby (Nasdaq:MIDD) is down 1.5% to reach $127.86 per share. So far today, 34,229 shares have changed hands.

Increasing 1.5%, Simon Property Group (NYSE:SPG) is trading at $154.59 per share. The company's volume is currently 326,056 shares for the day, 0.3 times its average over the past three months.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

comments powered by Disqus

Trading Center