Alcatel-Lucent ( ALU) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.2%. By the end of trading, Alcatel-Lucent rose 9 cents (6.1%) to $1.57 on average volume. Throughout the day, 26.7 million shares of Alcatel-Lucent exchanged hands as compared to its average daily volume of 22.5 million shares. The stock ranged in a price between $1.50-$1.59 after having opened the day at $1.56 as compared to the previous trading day's close of $1.48. Other companies within the Telecommunications industry that increased today were: Ambient Corporation ( AMBT), up 27.1%, Globalstar Incorporated ( GSAT), up 20.6%, eOn Communications Corporation ( EONC), up 12.4%, and Motricity ( MOTR), up 11.2%. Alcatel-Lucent provides networking and communications technology, products, and services to service providers, enterprises, and governments worldwide. Alcatel-Lucent has a market cap of $3.38 billion and is part of the technology sector. The company has a P/E ratio of 4.1, above the average telecommunications industry P/E ratio of 2.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 5.1% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate Alcatel-Lucent a buy, three analysts rate it a sell, and five rate it a hold. TheStreet Ratings rates Alcatel-Lucent as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and a generally disappointing performance in the stock itself.
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