The morning has been quiet for the market. The Nasdaq remains relatively unchanged; the S&P 500 is unchanged; and the Dow has remained steady. The transportation sector is a category of stocks relating to the transportation of goods or customers. It is made up of airlines, railroads and trucking companies. The performance of the transportation sector is sensitive to the price of oil. Because operations revolve around the use of vehicles, fuel prices represent a significant cost to transportation companies. As the price of oil rises, transportation companies will be expected to earn less. Inversely, these companies do well when the cost of fuel decreases.

The Transportation sector (IYT) has risen 0.1% despite little change in the market overall. Currently, the biggest movers in the sector are:


CompanyMarket CapPercentage Change
Navios Maritime Partners (NYSE:NMM)$834.9 million-5.3%
Diana Shipping (NYSE:DSX)$593.4 million+5%
Grupo Aeroportuario del Sureste (NYSE:ASR)$3.01 billion+3.4%
US Airways (NYSE:LCC)$1.96 billion+3.1%
China Eastern Airlines Corp. Ltd (NYSE:CEA)$3.94 billion-3.1%
China Southern Airlines Limited (NYSE:ZNH)$4.41 billion-2.6%
Mobile Mini (Nasdaq:MINI)$889.8 million-2.5%
Broker Summary: Fidelity Online Brokerage

After a decline of 5.3%, Navios Maritime Partners (NYSE:NMM) has hit a share price of $13.16. At 486,584 shares, the company's volume so far today is 0.6 times the current daily average.

After rising 5%, Diana Shipping (NYSE:DSX) is currently trading at a share price of $7.50. So far today, 437,709 shares of the company's stock have changed hands.

Rising 3.4%, Grupo Aeroportuario del Sureste (NYSE:ASR) is currently trading at $103.60 per share. With 21,057 shares changing hands so far today, the company's volume is 0.3 times the average volume over the last three months.

After an increase of 3.1%, US Airways (NYSE:LCC) has reached a current price of $12.45. So far today, 1.7 million shares have changed hands.

China Eastern Airlines Corp. Ltd (NYSE:CEA) is trading at $16.95 per share, down 3.1%. At 4,000 shares, the company's volume so far today is 0.3 times the average daily volume.

China Southern Airlines Limited (NYSE:ZNH) is currently trading at a share price of $21.86, a 2.6% decline. The company's volume for the day so far is 7,567 shares. This is a sign that there will be less trading activity than there was yesterday.

Slipping 2.5%, Mobile Mini (Nasdaq:MINI) is currently trading at $18.98 per share. So far today, the company's volume is 21,406 shares, 0.1 times its current three-month average.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.



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Tickers in this Article: NMM, DSX, ASR, LCC, CEA, ZNH, MINI

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