Chunghwa Telecom Co Ltd (CHT): Today's Featured Telecommunications Loser

Chunghwa Telecom ( CHT) pushed the Telecommunications industry lower today making it today's featured Telecommunications loser. The industry as a whole closed the day up 1.3%. By the end of trading, Chunghwa Telecom fell 32 cents (-0.9%) to $33.48 on light volume. Throughout the day, 182,184 shares of Chunghwa Telecom exchanged hands as compared to its average daily volume of 353,100 shares. The stock ranged in price between $33.31-$33.78 after having opened the day at $33.71 as compared to the previous trading day's close of $33.80. Other company's within the Telecommunications industry that declined today were: DRI Corporation ( TBUS), down 11.8%, MER Telemanagement Solutions ( MTSL), down 8.5%, RF Monolithics ( RFMI), down 7.4%, and WPCS International Inc ( WPCS), down 6.7%.

Chunghwa Telecom Co., Ltd. provides integrated telecommunications services primarily in Taiwan. Chunghwa Telecom has a market cap of $26.05 billion and is part of the technology sector. The company has a P/E ratio of 13.5, below the average telecommunications industry P/E ratio of 45.2 and below the S&P 500 P/E ratio of 17.7. Shares are up 33.7% year to date as of the close of trading on Friday.

TheStreet Ratings rates Chunghwa Telecom as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, FiberTower Corporation ( FTWR), up 93.3%, Zoom Technologies Inc ( ZOOM), up 24.4%, Cincinnati Bell Inc ( CBB), up 8%, and SureWest Communications ( SURW), up 7.4%, were all gainers within the telecommunications industry with Telefonica ( TEF) 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).

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