British Industry on US exchanges

British Industry on US exchanges
  • Pininvest Analysis

With our selective approach, the theme highlights the critical importance of the aerospace and defense industries, including closely related businesses of engineering and fluid control specialties, in the UK economy

We observe that the close industrial integration of aerospace in Europe (with France and Germany) – though absent from public discourse – is not likely, and certainly should not be dissolved by any form Brexit might take in the coming years.

The future of the sector, of paramount importance to the British government, depends on deepening relations with European partners, no matter what political posturing is deemed unavoidable in the short term

We include Melrose Industries because the investment company specializes in the acquisition of underperforming businesses, with a special focus on engineering, metering and power generation, signaling potential future developments of UK industry

We hope to further discuss UK industries (chemical specialists, construction and infrastructure…) as the reality of UK-EU relations become incontrovertible

Read our notes

British Industry on US exchanges • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Momentum Vol. Risk Contrib. MDD
 
Babcock International BCKIY OTC Industrial Goods Aerospace/Defense - Engineered Systems USD 3.50 - -55.1% Sharp Down 135%   27% -63%
BAE Systems BAESY OTC Industrial Goods Aerospace/Defense - Major Diversified USD 30.70 - 32.2% Weak Up 28%   5% -26%
BBA Aviation BBAVY OTC Industrial Goods Aerospace/Defense - Engineered Systems USD 22.00 - 103.0% Neutral 64%   4% -20%
IMI IMIAF OTC Industrial Goods Energy & Fluid Control Systems/Pumps & Filters USD 23.15 - 113.2% Strong Up 30%   2% -7%
Meggitt MEGGY OTC Industrial Goods Aerospace/Defense - Engineered Systems USD 14.07 - 86.9% Neutral 58%   13% -16%
Melrose Industries Plc MLSPF OTC Finance Investment Holdings & Private Equity USD 2.45 - 69.7% Weak Up 53%   7% -17%
Qinetiq Group (ADR) QNTQY OTC Industrial Goods Aerospace/Defense - Engineered Systems USD 20.50 - 35.3% Weak Up 34%   3% -22%
Rolls-Royce Holdings RYCEY OTC Industrial Goods Aerospace/Defense - Engineered Systems USD 1.56 - -62.5% Weak Up 97%   23% -68%
Rotork RTOXY OTC Industrial Goods Electrical Components, Connectors & Sensors USD 17.35 - 51.9% Weak Up 29%   2% -12%
Spirax - Sarco Engineering SPXSY OTC Industrial Goods Energy & Fluid Control Systems/Pumps & Filters USD 96.28 - 69.8% Neutral 44%   5% -9%
Weir Group WEGRY OTC Industrial Goods Engineered Products & Materials USD 13.85 - 117.8% Weak Up 47%   9% -21%