NEW YORK (

TheStreet

) --

Alcatel-Lucent

(NYSE:

ALU

) hit a new 52-week high Monday as it traded at $5.82 compared with its previous 52-Week high of $5.79. Alcatel-Lucent is changing hands at $5.82 with 8.2 million shares traded as of 9:41 a.m. ET. Average volume has been 34.1 million shares over the past 30 days.

Alcatel-Lucent has a market cap of $12.4 billion and is part of the

technology

sector and

telecommunications

industry. Shares are up 80.4% year to date as of the close of trading on Friday.

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.

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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

Alcatel-Lucent Ratings Report

.

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