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.

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 173.45 points (-1.1%) at 16,142 as of Wednesday, Oct. 15, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,470 issues advancing vs. 1,677 declining with 92 unchanged.

The Computer Hardware industry as a whole closed the day up 1.6% versus the S&P 500, which was down 0.8%. Top gainers within the Computer Hardware industry included

Interphase

(

INPH

), up 4.3%,

Pangaea Logistics Solutions

(

PANL

), up 2.6%,

Xplore Technologies

(

XPLR

), up 1.7%,

Crossroads Systems

(

CRDS

), up 6.2% and

Acorn Energy

(

ACFN

), up 5.1%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Crossroads Systems

(

CRDS

) is one of the companies that pushed the Computer Hardware industry higher today. Crossroads Systems was up $0.14 (6.2%) to $2.41 on average volume. Throughout the day, 108,888 shares of Crossroads Systems exchanged hands as compared to its average daily volume of 80,700 shares. The stock ranged in a price between $2.21-$2.49 after having opened the day at $2.27 as compared to the previous trading day's close of $2.27.

Crossroads Systems, Inc. provides data protection solutions and services worldwide. Crossroads Systems has a market cap of $35.3 million and is part of the technology sector. Shares are down 5.0% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Crossroads Systems a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates Crossroads Systems as a

sell

. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures.

Highlights from TheStreet Ratings analysis on CRDS go as follows:

  • The debt-to-equity ratio is very high at 3.95 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Even though the debt-to-equity ratio is weak, CRDS's quick ratio is somewhat strong at 1.48, demonstrating the ability to handle short-term liquidity needs.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Computers & Peripherals industry and the overall market, CROSSROADS SYSTEMS INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • CROSSROADS SYSTEMS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, CROSSROADS SYSTEMS INC reported poor results of -$1.21 versus -$0.96 in the prior year.
  • The revenue fell significantly faster than the industry average of 9.2%. Since the same quarter one year prior, revenues fell by 25.3%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • The gross profit margin for CROSSROADS SYSTEMS INC is currently very high, coming in at 85.81%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -105.41% is in-line with the industry average.

You can view the full analysis from the report here:

Crossroads Systems Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close,

Pangaea Logistics Solutions

(

PANL

) was up $0.17 (2.6%) to $6.69 on average volume. Throughout the day, 18,631 shares of Pangaea Logistics Solutions exchanged hands as compared to its average daily volume of 15,100 shares. The stock ranged in a price between $6.15-$6.69 after having opened the day at $6.29 as compared to the previous trading day's close of $6.52.

Pangaea Logistics Solutions has a market cap of $79.3 million and is part of the technology sector. Shares are down 32.2% year-to-date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Interphase

(

INPH

) was another company that pushed the Computer Hardware industry higher today. Interphase was up $0.11 (4.3%) to $2.65 on light volume. Throughout the day, 8,845 shares of Interphase exchanged hands as compared to its average daily volume of 35,200 shares. The stock ranged in a price between $2.54-$2.85 after having opened the day at $2.61 as compared to the previous trading day's close of $2.54.

Interphase Corporation, an information and communications technology company, provides connectivity, interworking, and packet processing solutions in the Pacific Rim, North America, and Europe. Interphase has a market cap of $18.7 million and is part of the technology sector. Shares are down 34.4% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Interphase a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Interphase as a

sell

. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on INPH go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Communications Equipment industry. The net income has significantly decreased by 26.0% when compared to the same quarter one year ago, falling from -$0.90 million to -$1.13 million.
  • The gross profit margin for INTERPHASE CORP is currently lower than what is desirable, coming in at 30.75%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -34.58% is significantly below that of the industry average.
  • Looking at the price performance of INPH's shares over the past 12 months, there is not much good news to report: the stock is down 29.47%, and it has underformed the S&P 500 Index. In addition, the company's earnings per share are lower today than the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Communications Equipment industry and the overall market, INTERPHASE CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • INTERPHASE CORP's earnings per share declined by 23.1% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, INTERPHASE CORP continued to lose money by earning -$0.39 versus -$0.54 in the prior year.

You can view the full analysis from the report here:

Interphase Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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.