NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $20.68, above its previous 52-week high of $20.09 with 5.7 million shares traded as of 10:15 a.m. ET. Average volume has been 10.2 million shares over the past 30 days.
Seagate Technology has a market cap of $8.29 billion and is part of the
industry. Shares are up 20.7% year to date as of the close of trading on Thursday.
Seagate Technology Public Limited Company designs, manufactures, markets, and sells hard disk drives for enterprise, client compute, and client non-compute market applications worldwide. The company has a P/E ratio of 18, equal to the average computer hardware industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Seagate Technology as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. You can view the full
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