NEW YORK (

TheStreet

) --

VimpelCom

(NYSE:

VIP

) hit a new 52-week low Thursday as it is currently trading at $9.95, below its previous 52-week low of $9.99 with 182,644 shares traded as of 9:41 a.m. ET. Average volume has been 3.8 million shares over the past 30 days.

VimpelCom has a market cap of $17.3 billion and is part of the

technology

sector and

telecommunications

industry. Shares are down 31.9% year to date as of the close of trading on Wednesday.

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VimpelCom Ltd. operates as an integrated telecommunications services provider, offering voice and data services through a range of wireless, fixed, and broadband technologies. The company has a P/E ratio of eight, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates VimpelCom as a

sell

. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally weak debt management, disappointing return on equity and generally disappointing historical performance in the stock itself. You can view the full

VimpelCom Ratings Report

.

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