Use Terex to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly
1 Month Beta ..........
4.11
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Terex will likely underperform.
The median price of Terex for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 21.07 with a coefficient of variation of 13.17. The daily time series for the period is distributed with a sample standard deviation of 2.63, arithmetic mean of 20.0, and mean deviation of 2.36. The Stock received some media coverage during the period.
Terex Corporation [TEX] is traded on American Stock Exchange in USA. It is located in Westport, CT and employs 22,600 people. The company currently falls under 'Mid-Cap' category with total capitalization of 1.87 B. Terex Corporation runs under Industrial Goods sector within Farm and Construction Machinery industry. This company has 110.4 M outstanding shares of which 16.15 M shares are at this time shorted by investors with about 4.1 days to cover shorted positions.
Terex Liquidity
TEREX CP has about 973.2 M in cash with 17.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.82.
The company has 2.61 B in debt with debt to equity (D/E) ratio of 1.15 which is OK given its current industry classification. Terex Corporation has Current Ratio of 2.13 demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due.