Dow Today: Hewlett-Packard (HPQ) Higher
The
Dow Jones Industrial Average
(
^DJI
) is trading up 132 points (+0.9%) at 15,423 as of Thursday, Jul 11, 2013, 12:35 p.m. ET. During this time, 246.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 612 million. The NYSE advances/declines ratio sits at 2,501 issues advancing vs. 485 declining with 57 unchanged.
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The Dow component leading the way higher looks to be
(NYSE:
), which is sporting a 41-cent gain (+1.6%) bringing the stock to $26.34. This single gain is lifting the Dow Jones Industrial Average by 3.1 points or roughly accounting for 2.3% of the Dow's overall gain. Volume for Hewlett-Packard currently sits at 9.9 million shares traded vs. an average daily trading volume of 17.6 million shares.
Hewlett-Packard has a market cap of $49.12 billion and is part of the technology sector and computer hardware industry. Shares are up 82% year to date as of Wednesday's close. The stock's dividend yield sits at 2.3%.
Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide.
TheStreet Ratings rates Hewlett-Packard as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.
- You can view the full Hewlett-Packard Ratings Report.
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