Amdocs Stock Hits New 52-Week High (DOX)

Amdocs (NYSE:DOX) hit a new 52-week high Thursday as it is currently trading at $38.69, above its previous 52-week high of $38.55 with 43,546 shares traded as of 9:50 a.m. ET. Average volume has been 815,900 shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Amdocs

(NYSE:

DOX

) hit a new 52-week high Thursday as it is currently trading at $38.69, above its previous 52-week high of $38.55 with 43,546 shares traded as of 9:50 a.m. ET. Average volume has been 815,900 shares over the past 30 days.

Amdocs has a market cap of $6.14 billion and is part of the technology sector and computer software & services industry. Shares are up 13.1% year to date as of the close of trading on Wednesday.

Amdocs Limited, together with its subsidiaries, provides software and services for communications, media, and entertainment industry service providers worldwide.

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TheStreet Ratings rates

Amdocs

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, attractive valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Amdocs Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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