Tutor Perini Corporation Common (symbol: TPC) was one of the worst losers
of the trading day today (2016-11-16), losing -9.9%. The number of shares
that changed hands was 2,655,004, or about 5 times the average daily volume
in the stock.
The closing price was $25.95, amounting to a market cap of $1,280,000,000,
about -8.3% off the highest price in the last 12 months. The stock has been
trading at a range between $10.16 and $28.3.
TPC is in the General Bldg Contractors - Nonresidential Bldgs industry,
part of the Basic Industries sector.
Looking at its valuation, the stock is now trading at 17.42 times earnings.
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