Dow Jones Industrial Average
) is trading down 14 points (-0.1%) at 12,951 as of Wednesday, Feb 22, 2012, 1:35 p.m. ET. During this time, 401.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 1,221 issues advancing vs. 1,748 declining with 111 unchanged.
Holding back the Dow today is
), which is lagging the broader Dow index with a 46-cent decline (-1.7%) bringing the stock to $26.70. This single loss is lowering the Dow Jones Industrial Average by 3.48 points or roughly accounting for 24.9% of the Dow's overall loss. Volume for Intel currently sits at 37.8 million shares traded vs. an average daily trading volume of 51.9 million shares.
Intel has a market cap of $136.95 billion and is part of the
industry. Shares are up 12% year to date as of Tuesday's close. The stock's dividend yield sits at 3.1%.
Intel Corporation engages in the design, manufacture, and sale of integrated circuits for computing and communications industries worldwide. The company has a P/E ratio of 10.8, below the average electronics industry P/E ratio of 11.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Intel as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Intel Ratings Report.