NEW YORK (
) hit a new 52-week low Wednesday as it is currently trading at $4.90, below its previous 52-week low of $4.91 with 70,456 shares traded as of 11:49 a.m. ET. Average volume has been 634,800 shares over the past 30 days.
Brightpoint has a market cap of $340.6 million and is part of the
industry. Shares are down 54.2% year to date as of the close of trading on Tuesday.
Brightpoint, Inc. provides supply chain solutions to the wireless industry. The company has a P/E ratio of 7.7, below the average wholesale industry P/E ratio of eight and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Brightpoint as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself. You can view the full
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