Dow Jones (DJIA) Today: International Business Machines (IBM) 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 up 110 points (+0.6%) at 18,242 as of Monday, Mar 2, 2015, 11:36 a.m. ET. During this time, 120.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.3 million. The NYSE advances/declines ratio sits at 1,799 issues advancing vs. 1,188 declining with 165 unchanged.
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Holding back the Dow today is
International Business Machines
(NYSE:
), which is lagging the broader Dow index with a $1.85 decline (-1.1%) bringing the stock to $160.09. Volume for International Business Machines currently sits at 2.6 million shares traded vs. an average daily trading volume of 4.9 million shares.
International Business Machines has a market cap of $159.01 billion and is part of the technology sector and computer software & services industry. Shares are up 0.9% year-to-date as of Friday's close. The stock's dividend yield sits at 2.7%.
International Business Machines Corporation provides information technology (IT) products and services worldwide.
TheStreet Ratings rates International Business Machines as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk.
- You can view the full International Business Machines Ratings Report.
.
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