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) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.6%. By the end of trading, Alcatel-Lucent rose $0.05 (1.2%) to $4.28 on average volume. Throughout the day, 9,753,611 shares of Alcatel-Lucent exchanged hands as compared to its average daily volume of 11,315,100 shares. The stock ranged in a price between $4.26-$4.34 after having opened the day at $4.30 as compared to the previous trading day's close of $4.23. Other companies within the Telecommunications industry that increased today were:
), up 14.7%,
), up 5.8%,
), up 5.7% and
), up 5.5%.
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Alcatel-Lucent 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 $9.7 billion and is part of the technology sector. Shares are down 3.9% year to date as of the close of trading on Thursday. 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 Alcatel-Lucent as a
. 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 negative front,
), down 55.3%,
), down 6.5%,
), down 6.3% and
), down 5.9% , were all laggards within the telecommunications industry with
) being today's telecommunications industry laggard.
- Use our telecommunications section to find industry-relevant news.
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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.