Level Three Communications Inc (LVLT): Today's Featured Telecommunications Loser

Level three Communications ( LVLT) pushed the Telecommunications industry lower today making it today's featured Telecommunications loser. The industry as a whole was unchanged today. By the end of trading, Level three Communications fell 30 cents (-1.5%) to $19.87 on light volume. Throughout the day, 1.3 million shares of Level three Communications exchanged hands as compared to its average daily volume of two million shares. The stock ranged in price between $19.52-$20.23 after having opened the day at $20.20 as compared to the previous trading day's close of $20.17. Other company's within the Telecommunications industry that declined today were: Alcatel-Lucent ( ALU), down 19%, Motricity ( MOTR), down 11.8%, UTStarcom Holdings ( UTSI), down 8.2%, and RELM Wireless Corporation ( RWC), down 8.1%.

Level three Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of communications services primarily in North America, Europe, and rest of Latin America. It operates through two segments, Level three and Global Crossing. Level three Communications has a market cap of $4.35 billion and is part of the technology sector. Shares are up 18.4% year to date as of the close of trading on Monday. Currently there are five analysts that rate Level three Communications a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Level three Communications as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and a generally disappointing performance in the stock itself.

On the positive front, RIT Technologies ( RITT), up 19.9%, Maxcom Telecomunicaciones S.A.B. de C.V ( MXT), up 11.4%, Nexxus Lighting ( NEXS), up 10.9%, and Internet Gold Golden Lines ( IGLD), up 6.1%, were all gainers within the telecommunications industry with American Tower ( AMT) 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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