NEW YORK (

TheStreet

) --

Global Crossing

(Nasdaq:

GLBC

) hit a new 52-week high Tuesday as it is currently trading at $26.66, above its previous 52-week high of $26.50 with 655,822 shares traded as of 11:56 a.m. ET. Average volume has been 595,300 shares over the past 30 days.

Global Crossing has a market cap of $1.5 billion and is part of the

technology

sector and

telecommunications

industry. Shares are up 93% year to date as of the previous trading day's close.

Global Crossing Limited operates as a communications solutions provider primarily in North America, Europe, Latin America, and the Asia/Pacific region.

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TheStreet Ratings rates Global Crossing as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full

Global Crossing Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

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