CommVault Systems Stock Hits New 52-Week High (CVLT)

NEW YORK (TheStreet) -- CommVault Systems (Nasdaq:CVLT) hit a new 52-week high Thursday as it is currently trading at $54.60, above its previous 52-week high of $53 with 458,840 shares traded as of 3:10 p.m. ET. Average volume has been 545,100 shares over the past 30 days.

CommVault Systems has a market cap of $2.12 billion and is part of the technology sector and computer software & services industry. Shares are up 24.1% year to date as of the close of trading on Wednesday.

CommVault Systems, Inc., together with its subsidiaries, provides data and information management software applications and related services primarily in North America, Europe, Australia, and Asia. The company has a P/E ratio of 91.1, above the average computer software & services industry P/E ratio of 84 and above the S&P 500 P/E ratio of 17.7.

• Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates CommVault Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full CommVault Systems Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

For more information on CommVault Systems Inc. click any of the following:

• CommVault Systems Inc. Stock Price

• CommVault Systems Inc. Analyst Ratings

• CommVault Systems Inc. Key Stats & Profile

• CommVault Systems Inc. Earnings

• CommVault Systems Inc. Ratio Comparison

• CommVault Systems Inc. Growth Rates

• CommVault Systems Inc. Balance Sheet

• CommVault Systems Inc. Cash Flow

• CommVault Systems Inc. Income Statement