4 Stocks Pushing The Telecommunications Industry Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 35 points (0.3%) at 14,006 as of Tuesday, Feb. 12, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,786 issues advancing vs. 1,060 declining with 154 unchanged.

The Telecommunications industry currently sits up 0.3% versus the S&P 500, which is up 0.1%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. VimpelCom ( VIP) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, VimpelCom is down $0.15 (-1.2%) to $12.40 on average volume Thus far, 513,718 shares of VimpelCom exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $12.35-$12.60 after having opened the day at $12.54 as compared to the previous trading day's close of $12.55.

VimpelCom Ltd., a telecommunications service operator, provides voice and data services through a range of traditional and broadband mobile and fixed technologies. VimpelCom has a market cap of $20.0 billion and is part of the technology sector. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are up 17.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate VimpelCom a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates VimpelCom as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity. Get the full VimpelCom Ratings Report now.

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