NEW YORK (
) hit a new 52-week low Monday as it is currently trading at $103.30, below its previous 52-week low of $103.38 with 1.9 million shares traded as of 3:29 p.m. ET. Average volume has been 3.1 million shares over the past 30 days.
Salesforce.com has a market cap of $14.51 billion and is part of the
industry. Shares are down 19% year to date as of the close of trading on Friday.
salesforce.com, inc. provides customer and collaboration relationship management (CRM) services to various businesses and industries worldwide. It also offers a technology platform for customers and developers to build and run business applications. The company has a P/E ratio of 10671, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Salesforce.com as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full
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