VimpelCom Ltd (VIP): Today's Featured Telecommunications Loser

The telecommunications industry closed the day up 2.1%. Zoom Technologies Inc ( ZOOM), Clearwire ( CLWR), UTStarcom Holdings ( UTSI), and Orsus Xelent Technologies Inc ( ORS) were all decliners today within the telecommunications industry with VimpelCom ( VIP) being today's featured telecommunications loser. VimpelCom fell 22 cents (-2.4%) to $9.10 on average volume. Throughout the day, 4.7 million shares of VimpelCom exchanged hands as compared to its average daily volume of 3.6 million shares.

VimpelCom Ltd. operates as an integrated telecommunications services provider, offering voice and data services through a range of wireless, fixed, and broadband technologies. VimpelCom has a market cap of $15.5 billion and is part of the technology sector. The company has a P/E ratio of 7.2, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 38% year to date as of the close of trading on Monday.

TheStreet Ratings rates VimpelCom as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income and robust revenue growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the positive front, Dialogic Inc ( DLGC), Schawk Inc ( SGK), ShoreTel Inc ( SHOR), and Pendrell ( PCO) were all gainers within the telecommunications industry with Qualcomm Inc ( QCOM) being today's featured telecommunications industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).

null

More from Markets

Global Stocks Mixed, Dollar Firm as Trade Tensions Keep Investors Cautious

Global Stocks Mixed, Dollar Firm as Trade Tensions Keep Investors Cautious

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries