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

) --

Accenture

(NYSE:

ACN

) hit a new 52-week high Friday as it is currently trading at $69.08, above its previous 52-week high of $66.75 with 870,984 shares traded as of 9:35 a.m. ET. Average volume has been 2.6 million shares over the past 30 days.

Accenture has a market cap of $40.85 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 20.9% year to date as of the close of trading on Thursday.

Accenture plc operates as a management consulting, technology services, and outsourcing company worldwide. The company has a P/E ratio of 16.6, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Accenture as a

buy

. 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, notable return on equity, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Accenture Ratings Report

.

See all

52-week high stocks

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