- You can view the full Research in Motion Ratings Report.
- Use our telecommunications section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
- Find other investment ideas from our top rated ETFs lists.
Research in Motion ( BBRY) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Research in Motion fell $0.10 (-1.0%) to $9.55 on light volume. Throughout the day, 19,127,954 shares of Research in Motion exchanged hands as compared to its average daily volume of 27,104,300 shares. The stock ranged in price between $9.50-$9.88 after having opened the day at $9.65 as compared to the previous trading day's close of $9.65. Other companies within the Telecommunications industry that declined today were: Alvarion ( ALVR), down 6.0%, RIT Technologies ( RITT), down 5.6%, NII Holdings ( NIHD), down 5.3% and DragonWave ( DRWI), down 5.3%. Research In Motion Limited, doing business as BlackBerry, engages in the design, manufacture, and marketing of wireless solutions worldwide. Research in Motion has a market cap of $5.0 billion and is part of the technology sector. Shares are down 18.3% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Research in Motion a buy, 17 analysts rate it a sell, and 7 rate it a hold. TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow.
