Industry description
The industry is involved in value-added processes including creation of metal structures like machines and parts by cutting, bending and assembling, using various raw materials. A fabrication shop often bids on a project/job, and then builds the product if awarded the contract. Robotics and automation are making their way into the industry apparently to fill in skills gap[s19] . RBC Bearings Incorporated, Timken Company and Valmont Industries, Inc. are some of the largest metal fabrication companies in the U.S.
Market Cap
The average market capitalization across the Metal Fabrication Industry is 1.68B. The market cap for tickers in the group ranges from 723 to 56.71B. MEKTF holds the highest valuation in this group at 56.71B. The lowest valued company is BDGY at 723.
High and low price notable news
The average weekly price growth across all stocks in the Metal Fabrication Industry was -9%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was 14%. LQMT experienced the highest price growth at 12%, while SGBX experienced the biggest fall at -29%.
Volume
The average weekly volume growth across all stocks in the Metal Fabrication Industry was 94%. For the same stocks of the Industry, the average monthly volume growth was 2% and the average quarterly volume growth was 81%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 60
P/E Growth Rating: 58
Price Growth Rating: 59
SMR Rating: 79
Profit Risk Rating: 71
Seasonality Score: -2 (-100 ... +100)