Dow Jones Industrial Average
) is trading up 62 points (+0.5%) at 12,169 as of Thursday, Dec 22, 2011, 12:35 p.m. ET. During this time, 375.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 883.2 million. The NYSE advances/declines ratio sits at 2,293 issues advancing vs. 659 declining with 115 unchanged.
Holding back the Dow today is
), which is lagging the broader Dow index with a 47-cent decline (-0.6%) bringing the stock to $73.15. Volume for United Technologies currently sits at 2.6 million shares traded vs. an average daily trading volume of 4.9 million shares.
United Technologies has a market cap of $65.01 billion and is part of the
industry. Shares are down 6.5% year to date as of Wednesday's close. The stock's dividend yield sits at 2.6%.
United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. The company has a P/E ratio of 14, above the average conglomerates industry P/E ratio of 13.4 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates United Technologies as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full United Ratings Report. .