Mobile Telesystems OJSC (MBT): Today's Featured Telecommunications Winner

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

Mobile Telesystems OJSC ( MBT) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.3%. By the end of trading, Mobile Telesystems OJSC rose $0.23 (1.1%) to $20.26 on average volume. Throughout the day, 1,639,973 shares of Mobile Telesystems OJSC exchanged hands as compared to its average daily volume of 2,031,100 shares. The stock ranged in a price between $19.92-$20.37 after having opened the day at $19.94 as compared to the previous trading day's close of $20.03. Other companies within the Telecommunications industry that increased today were: WPCS International ( WPCS), up 14.6%, RELM Wireless Corporation ( RWC), up 12.8%, Viasat ( VSAT), up 11.7% and B Communications ( BCOM), up 11.5%.
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Mobile TeleSystems OJSC, together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Armenia, and Belarus. Mobile Telesystems OJSC has a market cap of $19.6 billion and is part of the technology sector. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 7.4% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Mobile Telesystems OJSC a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Mobile Telesystems OJSC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, growth in earnings per share, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Deltathree ( DDDC), down 20.0%, ORBCOMM ( ORBC), down 14.4%, Blonder Tongue Laboratories ( BDR), down 11.3% and MER Telemanagement Solutions ( MTSL), down 8.8% , were all laggards within the telecommunications industry with America Movil S.A.B. de C.V ( AMX) being today's telecommunications industry laggard.

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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