CommVault Systems Stock Hits New 52-Week High (CVLT)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Wednesday as it is currently trading at $51.13, above its previous 52-week high of $50.90 with 1.7 million shares traded as of 2:29 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
sector and
industry. Shares are up 10% year to date as of the close of trading on Tuesday.
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 82.7, below the average computer software & services industry P/E ratio of 84 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates CommVault Systems as a
. 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, impressive record of earnings per share growth and compelling growth in net income. 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
CommVault Systems Ratings Report
.
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