Short-term Underperformance Detected in Shares of Ashland in the Diversified Chemicals Industry (ASH, HUN, EMN, FMC, DD)

Print Share

Jan 14, 2013 (Fast Lane via COMTEX) -- Analysis was conducted on the Diversified Chemicals industry to measure relative performance to find stocks that have underperformed. Relative underperformance is a possible bearish sign of underlying fundamental and technical weakness should it continue for an extended period of time. We looked at yesterday's price action of all companies in this peer group and measured their performance against one another. Ashland (NYSE:ASH) ranks first with a loss of 1.97%; Huntsman (NYSE:HUN) ranks second with a loss of 1.34%; and Eastman Chemical (NYSE:EMN) ranks third with a loss of 0.91%.

FMC (NYSE:FMC) follows with a loss of 0.74% and EI Du Pont de Nemours (NYSE:DD) rounds out the bottom five with a loss of 0.11%.Operating in over 100 countries, Ashland Inc. provides the specialty chemicals, technologies and insights to help customers create new and improved products for today and sustainable solutions for tomorrow. Ashland's chemistry is at work every day in a wide variety of markets and applications, including architectural coatings, automotive, construction, energy, personal care, pharmaceutical, tissue and towel, and water treatment.


Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit today.

Copyright, Comtex News Network, Inc. 2013

Free Stock Analysis From Zacks

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.