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
Dow Jones Industrial Average
) is trading down 12.0 points at 17,798 as of Monday, Nov 24, 2014, 12:36 p.m. ET. During this time, 165.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 327.9 million. The NYSE advances/declines ratio sits at 1,732 issues advancing vs. 1,253 declining with 191 unchanged.
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Holding back the Dow today is
), which is lagging the broader Dow index with an 84-cent decline (-1.7%) bringing the stock to $49.37. This single loss is lowering the Dow Jones Industrial Average by 6.36 points or roughly accounting for 53% of the Dow's overall loss. Volume for Verizon Communications currently sits at 11.1 million shares traded vs. an average daily trading volume of 13.7 million shares.
Verizon Communications has a market cap of $208.27 billion and is part of the technology sector and telecommunications industry. Shares are up 2.2% year-to-date as of Friday's close. The stock's dividend yield sits at 4.4%.
Verizon Communications Inc. provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
TheStreet Ratings rates Verizon Communications as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, compelling growth in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Verizon Ratings Report.