Microsoft Reaches New 52-Week High (MSFT)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Monday as it is currently trading at $35.88, above its previous 52-week high of $35.78 with 4.3 million shares traded as of 10:06 a.m. ET. Average volume has been 51.1 million shares over the past 30 days.
Microsoft has a market cap of $298.01 billion and is part of the technology sector and computer software & services industry. Shares are up 33.6% year to date as of the close of trading on Friday.
Microsoft Corporation develops, licenses, and supports software products and services; and designs and sells hardware worldwide.
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TheStreet Ratings rates
Microsoft
as a
. 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, increase in stock price during the past year, attractive valuation levels and expanding profit margins. 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
.
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