Dow Today: Hewlett-Packard (HPQ) 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.

The Dow Jones Industrial Average ( ^DJI) is trading down 68.0 points (-0.4%) at 15,226 as of Friday, May 24, 2013, 10:35 a.m. ET. During this time, 138.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 594.1 million. The NYSE advances/declines ratio sits at 578 issues advancing vs. 2,221 declining with 125 unchanged.
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Holding back the Dow today is Hewlett-Packard (NYSE: HPQ), which is lagging the broader Dow index with a 40-cent decline (-1.6%) bringing the stock to $24.46. This single loss is lowering the Dow Jones Industrial Average by 3.03 points or roughly accounting for 4.5% of the Dow's overall loss. Volume for Hewlett-Packard currently sits at 11.9 million shares traded vs. an average daily trading volume of 22.2 million shares.

Hewlett-Packard has a market cap of $41.27 billion and is part of the technology sector and computer hardware industry. Shares are up 74.5% year to date as of Thursday's close. The stock's dividend yield sits at 2.7%.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide.

TheStreet Ratings rates Hewlett-Packard as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and deteriorating net income.

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