Research In Motion Ltd (RIMM): Today's Featured Telecommunications Loser

Research in Motion (RIMM) pushed the Telecommunications industry lower today making it today's featured Telecommunications loser. The industry as a whole closed the day up 0.7%. By the end of trading, Research in Motion fell 26 cents (-2.5%) to $10.40 on average volume. Throughout the day, 18.3 million shares of Research in Motion exchanged hands as compared to its average daily volume of 20.1 million shares. The stock ranged in price between $10.01-$10.59 after having opened the day at $10.50 as compared to the previous trading day's close of $10.66. Other company's within the Telecommunications industry that declined today were: Nokia Oyj (NOK), down 15.8%, Internet Gold Golden Lines (IGLD), down 10.5%, City Telecom (CTEL), down 7.3%, and B Communications (BCOM), down 6.7%.

Research In Motion Limited designs, manufactures, and markets wireless solutions for the mobile communications market worldwide. Research in Motion has a market cap of $5.56 billion and is part of the technology sector. The company has a P/E ratio of 4.8, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 31.1% year to date as of the close of trading on Wednesday. Currently there are two analysts that rate Research in Motion a buy, eight analysts rate it a sell, and 26 rate it a hold.

TheStreet Ratings rates Research in Motion as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

• You can view the full Research in Motion Ratings Report.

On the positive front, Lumos Networks (LMOS), up 10.6%, Nexxus Lighting (NEXS), up 10%, Aviat Networks (AVNW), up 6.1%, and IDT Corporation Class B (IDT), up 6.1%, were all gainers within the telecommunications industry with AT&T (T) being today's featured telecommunications industry winner.

• Use our telecommunications section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom (IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication (TLL).

• Find other investment ideas from our top rated ETFs lists.

For more information on Research in Motion Ltd click any of the following:

• Research in Motion Ltd Stock Price

• Research in Motion Ltd Analyst Ratings

• Research in Motion Ltd Key Stats & Profile

• Research in Motion Ltd Earnings

• Research in Motion Ltd Ratio Comparison

• Research in Motion Ltd Growth Rates

• Research in Motion Ltd Balance Sheet

• Research in Motion Ltd Cash Flow

• Research in Motion Ltd Income Statement