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) 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, Alcatel-Lucent fell $0.16 (-3.7%) to $4.21 on average volume. Throughout the day, 10,765,619 shares of Alcatel-Lucent exchanged hands as compared to its average daily volume of 13,313,400 shares. The stock ranged in price between $4.17-$4.25 after having opened the day at $4.19 as compared to the previous trading day's close of $4.37. Other companies within the Telecommunications industry that declined today were:
), down 15.7%,
), down 7.8%,
), down 7.6% and
), down 6.9%.
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Alcatel Lucent Societe Anonyme provides Internet protocol (IP) and cloud networking, and ultra-broadband fixed and wireless access to service providers and their customers, enterprises, and institutions worldwide. It operates through three segments: Core Networking, Access, and Other. Alcatel-Lucent has a market cap of $10.2 billion and is part of the technology sector. Shares are down 0.7% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Alcatel-Lucent a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and generally higher debt management risk.
- You can view the full Alcatel-Lucent Ratings Report.
On the positive front,
), up 12.9%,
), up 9.8%,
), up 9.0% and
), up 8.0% , 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
- Find other investment ideas from our top rated ETFs lists.