Dow Jones (DJIA) Today: AT&T (T) Lower
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link
.
The
Dow Jones Industrial Average
(
^DJI
) is trading down 191.0 points (-1.1%) at 17,944 as of Friday, Mar 6, 2015, 11:36 a.m. ET. During this time, 128 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 374 million. The NYSE advances/declines ratio sits at 459 issues advancing vs. 2,576 declining with 113 unchanged.
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Holding back the Dow today is
(NYSE:
), which is lagging the broader Dow index with a 56-cent decline (-1.7%) bringing the stock to $33.43. This single loss is lowering the Dow Jones Industrial Average by 4.31 points or roughly accounting for 2.3% of the Dow's overall loss. Volume for AT&T currently sits at 17.5 million shares traded vs. an average daily trading volume of 26.3 million shares.
AT&T has a market cap of $176.47 billion and is part of the technology sector and telecommunications industry. Shares are up 1.2% year-to-date as of Thursday's close. The stock's dividend yield sits at 5.5%.
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline.
TheStreet Ratings rates AT&T as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
- You can view the full AT&T Ratings Report.
.
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