NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $78.54, above its previous 52-week high of $78.53 with 1.7 million shares traded as of 12:49 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.
Cerner has a market cap of $12.38 billion and is part of the
industry. Shares are up 18.8% year to date as of the close of trading on Thursday.
Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, and content solutions for healthcare organizations and consumers worldwide. The company has a P/E ratio of 41.3, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Cerner as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. 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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