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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 Technology sector as a whole closed the day up 0.4% versus the S&P 500, which was up 0.2%. Laggards within the Technology sector included

CounterPath

(

CPAH

), down 1.7%,

Vicon Industries

(

VII

), down 5.8%,

Trio-Tech International

(

TRT

), down 2.7%,

Wells-Gardner Electronic

(

TheStreet Recommends

WGA

), down 2.3% and

GSE Systems

(

GVP

), down 3.6%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today:

Cray

(

CRAY

) is one of the companies that pushed the Technology sector lower today. Cray was down $1.53 (4.9%) to $29.96 on average volume. Throughout the day, 533,070 shares of Cray exchanged hands as compared to its average daily volume of 455,600 shares. The stock ranged in price between $29.50-$31.22 after having opened the day at $31.21 as compared to the previous trading day's close of $31.49.

Cray Inc., together with its subsidiaries, designs, develops, manufactures, markets, and services high-performance computing (HPC) systems. Cray has a market cap of $1.1 billion and is part of the computer hardware industry. Shares are up 14.7% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Cray a buy, no analysts rate it a sell, and 1 rates 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

Cray

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.

Highlights from TheStreet Ratings analysis on CRAY go as follows:

  • CRAY has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. To add to this, CRAY has a quick ratio of 2.10, which demonstrates the ability of the company to cover short-term liquidity needs.
  • Net operating cash flow has significantly increased by 185.05% to $61.01 million when compared to the same quarter last year. In addition, CRAY INC has also vastly surpassed the industry average cash flow growth rate of 5.28%.
  • 39.64% is the gross profit margin for CRAY INC which we consider to be strong. 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 -23.47% is in-line with the industry average.
  • 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 Computers & Peripherals industry. The net income has significantly decreased by 70.0% when compared to the same quarter one year ago, falling from -$7.61 million to -$12.94 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. In comparison to the other companies in the Computers & Peripherals industry and the overall market, CRAY INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.

You can view the full analysis from the report here:

Cray 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,

GSE Systems

(

GVP

) was down $0.06 (3.6%) to $1.60 on heavy volume. Throughout the day, 23,500 shares of GSE Systems exchanged hands as compared to its average daily volume of 9,600 shares. The stock ranged in price between $1.60-$1.68 after having opened the day at $1.67 as compared to the previous trading day's close of $1.66.

GSE Systems, Inc. provides simulation, educational, and engineering solutions and services to the nuclear and fossil electric utility industry, and the chemical and petrochemical industries worldwide. GSE Systems has a market cap of $30.2 million and is part of the computer hardware industry. Shares are up 3.8% year-to-date as of the close of trading on Thursday.

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

GSE Systems

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and poor profit margins.

Highlights from TheStreet Ratings analysis on GVP go as follows:

  • GSE SYSTEMS INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. During the past fiscal year, GSE SYSTEMS INC swung to a loss, reporting -$0.58 versus $0.06 in the prior year.
  • 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 Software industry. The net income has significantly decreased by 75.2% when compared to the same quarter one year ago, falling from -$1.16 million to -$2.02 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Software industry and the overall market, GSE SYSTEMS INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for GSE SYSTEMS INC is currently lower than what is desirable, coming in at 25.86%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -23.20% is significantly below that of the industry average.
  • The revenue fell significantly faster than the industry average of 7.9%. Since the same quarter one year prior, revenues fell by 29.5%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.

You can view the full analysis from the report here:

GSE 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.

CounterPath

(

CPAH

) was another company that pushed the Technology sector lower today. CounterPath was down $0.02 (1.7%) to $1.13 on heavy volume. Throughout the day, 38,864 shares of CounterPath exchanged hands as compared to its average daily volume of 7,200 shares. The stock ranged in price between $1.02-$1.17 after having opened the day at $1.15 as compared to the previous trading day's close of $1.15.

CounterPath has a market cap of $48.5 million and is part of the computer hardware industry. Shares are up 7.5% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate CounterPath a buy, no analysts rate it a sell, and 2 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.

Highlights from TheStreet Ratings analysis on CPAH go as follows:

You can view the full analysis from the report here:

CounterPath 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.