2. As of noon trading, Verizon Communications ( VZ) is up $0.60 (1.20) to $50.46 on average volume Thus far, 5.4 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 14.3 million shares. The stock has ranged in price between $49.81-$50.48 after having opened the day at $49.93 as compared to the previous trading day's close of $49.86.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $143.1 billion and is part of the technology sector. The company has a P/E ratio of 159.2, above the S&P 500 P/E ratio of 17.7. Shares are up 15.2% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Verizon Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Verizon Communications Ratings Report now.

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