Dow Today: Microsoft Corporation (MSFT) Lower

The Dow Jones Industrial Average ( ^DJI) is trading down 27.0 points (-0.2%) at 12,953 as of Friday, Mar 2, 2012, 12:35 p.m. ET. During this time, 282.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 997 issues advancing vs. 1,904 declining with 130 unchanged.

Holding back the Dow today is Microsoft Corporation (Nasdaq: MSFT), which is lagging the broader Dow index with a 16-cent decline (-0.5%) bringing the stock to $32.13. This single loss is lowering the Dow Jones Industrial Average by 1.21 points or roughly accounting for 4.5% of the Dow's overall loss. Volume for Microsoft Corporation currently sits at 25.8 million shares traded vs. an average daily trading volume of 55.1 million shares.

Microsoft Corporation has a market cap of $246.19 billion and is part of the technology sector and computer software & services industry. Shares are up 24.4% year to date as of Thursday's close. The stock's dividend yield sits at 2.5%.

Microsoft Corporation develops, licenses, and supports a range of software products and services for various computing devices worldwide. The company has a P/E ratio of 11.5, above the average computer software & services industry P/E ratio of 10.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Microsoft Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.