2. As of noon trading, Citrix Systems ( CTXS) is up $0.57 (1.0%) to $58.50 on average volume Thus far, 1.1 million shares of Citrix Systems exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $58.31-$59.61 after having opened the day at $58.64 as compared to the previous trading day's close of $57.93. Citrix Systems, Inc. designs, develops, and markets technology solutions to deliver IT services on-demand worldwide. Citrix Systems has a market cap of $11.1 billion and is part of the technology sector. The company has a P/E ratio of 32.4, above the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Citrix Systems a buy, 1 analyst rates it a sell, and 9 rate it a hold. TheStreet Ratings rates Citrix Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Citrix Systems Ratings Report now.
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