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TheStreet Wire

Web.com Group Stock Hits New 52-Week High (WWWW)

By TheStreet Wire 06/18/12 - 10:35 AM EDT

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NEW YORK (TheStreet) -- Web.com Group (Nasdaq:WWWW) hit a new 52-week high Monday as it is currently trading at $17.71, above its previous 52-week high of $17.53 with 167,545 shares traded as of 10:10 a.m. ET. Average volume has been 581,100 shares over the past 30 days.

Web.com Group has a market cap of $825.9 million and is part of the technology sector and internet industry. Shares are up 47.9% year to date as of the close of trading on Friday.

Web.com Group, Inc. provides Internet services for small- to medium-sized businesses (SMBs) in North America, South America, and the United Kingdom.

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TheStreet Ratings rates Web.com Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Web.com Group Ratings Report.

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