Dell Reaches New 52-Week High (DELL)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Thursday as it is currently trading at $18.25, above its previous 52-week high of $18.20 with 11.3 million shares traded as of 1:35 p.m. ET. Average volume has been 18.1 million shares over the past 30 days.
Dell has a market cap of $30.27 billion and is part of the
sector and
industry. Shares are up 23% year to date as of the close of trading on Wednesday.
Dell Inc. provides integrated technology solutions in the information technology (IT) industry worldwide. The company has a P/E ratio of 9.3, above the average computer hardware industry P/E ratio of 8.7 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Dell 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, notable return on equity, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
.
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