Cummins Inc. Common Stock (symbol: CMI) was one of the worst losers of the
trading day today (2016-09-06), losing -7.31%. The number of shares that
changed hands was 5,678,471, or about 4 times the average daily volume in
the stock.
The closing price was $116.94, amounting to a market cap of
$19,650,000,000, about -8.38% off the highest price in the last 12 months.
The stock has been trading at a range between $79.88 and $127.64.
CMI is in the Industrial Machinery/Components industry, part of the Energy
sector.
Looking at its valuation, the stock is now trading at 16.02 times earnings.
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