Compuware Reaches New 52-Week High (CPWR)

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.

NEW YORK (TheStreet) -- Compuware Corporation (Nasdaq:CPWR) hit a new 52-week high Thursday as it is currently trading at $11.18, above its previous 52-week high of $11.16 with 453,876 shares traded as of 11:31 a.m. ET. Average volume has been 3.5 million shares over the past 30 days.

Compuware has a market cap of $2.35 billion and is part of the technology sector and computer software & services industry. Shares are up 2.3% year to date as of the close of trading on Wednesday.

Compuware Corporation provides software, software as a service, and professional technical services worldwide. It operates in six segments: Application Performance Management (APM), Mainframe, Changepoint, Uniface, Professional Services, and Covisint Application Services (Covisint). The company has a P/E ratio of 34.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Compuware as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Compuware Ratings Report.

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