2. As of noon trading, VimpelCom ( VIP) is down $0.46 (-4.1%) to $10.85 on average volume Thus far, 1.1 million shares of VimpelCom exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $10.71-$11.38 after having opened the day at $11.31 as compared to the previous trading day's close of $11.31.

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 $18.3 billion and is part of the telecommunications industry. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are up 7.8% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates VimpelCom as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and attractive valuation levels. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full VimpelCom Ratings Report now.

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