International Game Technology Reaches New 52-Week High (IGT)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Wednesday as it is currently trading at $18.82, above its previous 52-week high of $18.81 with 637,894 shares traded as of 10:25 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.
International Game Technology has a market cap of $4.7 billion and is part of the technology sector and computer software & services industry. Shares are up 31.6% year to date as of the close of trading on Tuesday.
International Game Technology engages in the design, development, manufacture, and marketing of casino games, gaming equipment, and systems technology for land-based and online social gaming, and wagering markets worldwide.
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TheStreet Ratings rates
International Game Technology
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in net income, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
International Game Technology Ratings Report
.
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