(Nasdaq:PFIN) P & F Industries, Inc. Drop $0.50

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Shipwreck freeimages.com/Roger Buser
Shipwreck freeimages.com/Roger Buser

P & F Industries, Inc. (Nasdaq:PFIN)

December 5th, 2018
Amidst falling markets P & F Industries, Inc. finished Tuesday’s trading session down 6.11%, a $0.50 decrease to close on $7.68. In addition to the stock finishing lower, the trading volumes were only 0.00% of normal which could be an indication of investor uncertainty.

PFIN was outperformed by the rest of the Consumer Discretionary sector which went down only 3.91%.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector declining 13%.

Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary both saw turn arounds from their five day positive performance, Industrials with a drop of 4.35%.

Sector Breakdown

  • Utilities went up with a 0.15% change.
  • Real Estate went down with a -1.26% change.
  • Consumer Staples went down with a -1.63% change.
  • Healthcare went down with a -2.30% change.
  • Energy went down with a -2.93% change.
  • Materials went down with a -3.08% change.
  • Communication Services went down with a -3.14% change.
  • Information Technology went down with a -3.86% change.
  • Consumer Discretionary went down with a -3.91% change.
  • Industrials went down with a -4.35% change.
  • Financials went down with a -4.40% change.

P & F Industries, Inc. Info

P&F Industries, Inc., through its subsidiaries, manufactures, imports, and sells air-powered tools and accessories primarily to the retail, industrial, and automotive markets in the United States and internationally. The company designs, imports, and sells pneumatic hand tools, including sanders, grinders, drills, saws, and impact wrenches under the Florida Pneumatic, Universal Tool, AIRCAT, and NITROCAT names through in-house sales personnel and manufacturers’ representatives to retailers, distributors, and private label customers. It also markets pipes and bolt dies, pipe taps, wrenches, vises and stands, pipes and tubing cutting equipment, hydrostatic test pumps, and replacement electrical components for pipe cutting and threading machines through industrial distributors and contractors, as well as assembles and markets a line of compressor air filters. In addition, the company designs, manufactures, and distributes industrial pneumatic tools, such as heavy duty air tools, industrial grinders, impact sockets, hydro-pneumatic riveters, and air motors and custom gears; and industrial gears, hydrostatic test plugs, and various parts for use in power generation, petrochemical, construction, railroad, mining, ship building, and fabricated metals industries under the ATP ATSCO, OZAT, Numatx, Thaxton, and Quality Gear brands, as well as manufactures components, assemblies, and finished product and systems for various original equipment manufacturers. P&F Industries, Inc. was founded in 1959 and is based in Melville, New York.

All amounts in USD unless otherwise indicated
PFIN daily update

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PFIN daily update

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