NEW YORK (
) hit a new 52-week high Wednesday as it traded at $5.15 compared with its previous 52-Week high of $5.14. Alcatel-Lucent is changing hands at $5.14 with 45.8 million shares traded as of 2:25 p.m. ET. Average volume has been 25.1 million shares over the past 30 days.
Alcatel-Lucent has a market cap of $11.1 billion and is part of the
industry. Shares are up 59.5% year to date as of the close of trading on Tuesday.
Alcatel-Lucent offers products, solutions, and transformation services that enable service providers, enterprises, governments, and strategic industries to deliver voice, data, and video communication services to end-users worldwide.
TheStreet Ratings rates Alcatel-Lucent as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full
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