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 255.0 points (-1.4%) at 17,740 as of Tuesday, Mar 10, 2015, 1:36 p.m. ET. During this time, 198.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.5 million. The NYSE advances/declines ratio sits at 853 issues advancing vs. 2,204 declining with 116 unchanged.
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Holding back the Dow today is
(NYSE:
), which is lagging the broader Dow index with a 46-cent decline (-1.4%) bringing the stock to $32.89. This single loss is lowering the Dow Jones Industrial Average by 3.48 points or roughly accounting for 1.4% of the Dow's overall loss. Volume for AT&T currently sits at 17.9 million shares traded vs. an average daily trading volume of 26.3 million shares.
AT&T has a market cap of $173.77 billion and is part of the technology sector and telecommunications industry. Shares are down 0.7% year-to-date as of Monday's close. The stock's dividend yield sits at 5.6%.
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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