Motorola Stock Hits New 52-Week High (MSI)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Tuesday as it is currently trading at $48.13, above its previous 52-week high of $48.06 with 230,233 shares traded as of 9:55 a.m. ET. Average volume has been 2.2 million shares over the past 30 days.
Motorola has a market cap of $15.58 billion and is part of the
sector and
industry. Shares are up 3.7% year to date as of the close of trading on Monday.
Motorola Solutions, Inc. provides business and mission critical communication products and services for enterprise and government customers worldwide. The company has a P/E ratio of 21.5, above the average telecommunications industry P/E ratio of 13.1 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Motorola as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
.
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