Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.1%. By the end of trading, Mobile Telesystems OJSC rose 26 cents (1.5%) to $17.84 on heavy volume. Throughout the day, 4.5 million shares of Mobile Telesystems OJSC exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in a price between $17.22-$18.04 after having opened the day at $17.36 as compared to the previous trading day's close of $17.58. Other companies within the Telecommunications industry that increased today were:
), up 35.6%,
), up 19.7%,
), up 15.7%, and
), up 11.6%.
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Mobile TeleSystems OJSC, together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Armenia, and Belarus. Mobile Telesystems OJSC has a market cap of $17.71 billion and is part of the
sector. The company has a P/E ratio of 12.2, below the average telecommunications industry P/E ratio of 29.7 and below the S&P 500 P/E ratio of 17.7. Shares are up 21.3% year to date as of the close of trading on Friday. Currently there are four analysts that rate Mobile Telesystems OJSC a buy, one analyst rates it a sell, and two rate it a hold.
TheStreet Ratings rates Mobile Telesystems OJSC as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and generally higher debt management risk.
- You can view the full Mobile Telesystems OJSC Ratings Report.
On the negative front,
), down 13.1%,
), down 12.7%,
), down 11.8%, and
), down 6.7%, were all laggards within the telecommunications industry with
) being today's telecommunications industry laggard.
- 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.
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