Motorola Mobility Stock Hits New 52-Week High (MMI)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Thursday as it is currently trading at $39.29, above its previous 52-week high of $39.20 with 6.5 million shares traded as of 9:40 a.m. ET. Average volume has been 3.1 million shares over the past 30 days.
Motorola Mobility has a market cap of $11.57 billion and is part of the
sector and
industry. Shares are up 0.4% year to date as of the close of trading on Wednesday.
Motorola Mobility Holdings, Inc. provides technologies, products, and services for mobile and wire line digital communication, information, and entertainment applications. The company has a P/E ratio of 117.8, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Motorola Mobility as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and feeble growth in the company's earnings per share. You can view the full
Motorola Mobility Ratings Report
.
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