Textron Inc. Common Stock (symbol: TXT) was one of the worst losers of the
trading day today (2016-01-27), losing -13.36%. The number of shares that
changed hands was 10,569,996, or about 6 times the average daily volume in
the stock.
The closing price was $32.69, amounting to a market cap of $8,950,000,000,
about -30.34% off the highest price in the last 12 months. The stock has
been trading at a range between $32.2 and $46.93.
TXT is in the Aerospace industry, part of the Capital Goods sector.
Looking at its valuation, the stock is now trading at 13.39 times earnings.
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