Tw Telecom Inc (TWTC): Today's Featured Telecommunications Laggard
(
) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.7%. By the end of trading, tw telecom inc fell $0.80 (-2.7%) to $29.19 on average volume. Throughout the day, 1,403,057 shares of tw telecom inc exchanged hands as compared to its average daily volume of 1,645,700 shares. The stock ranged in price between $28.96-$29.60 after having opened the day at $29.20 as compared to the previous trading day's close of $29.99. Other companies within the Telecommunications industry that declined today were:
(
), down 7.0%,
(
), down 6.9%,
eOn Communications Corporation
(
), down 6.4% and
(
), down 4.6%.
tw telecom inc. engages in the provision of managed network services in the United States. The company offers data networking, converged, Internet protocol based virtual private network (IP VPN), and Internet access services. Tw telecom inc has a market cap of $4.4 billion and is part of the technology sector. Shares are up 17.7% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate tw telecom inc a buy, 1 analyst rates it a sell, and 8 rate it a hold.
TheStreet Ratings rates
tw telecom inc
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full tw telecom inc Ratings Report.
On the positive front,
(
), up 14.3%,
(
), up 10.0%,
(
), up 9.7% and
(
), up 8.2% , were all gainers within the telecommunications industry with
(
) being today's featured telecommunications industry leader.
- 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
(
) while those bearish on the telecommunications industry could consider
ProShares Ult Sht Telecommunication
(
).
- Find other investment ideas from our top rated ETFs lists.
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