SS&C Stock Hits New 52-Week High (SSNC) - TheStreet

NEW YORK (

TheStreet

) --

SS&C Technologies Holdings

(Nasdaq:

SSNC

) hit a new 52-week high Monday as it is currently trading at $23.27, above its previous 52-week high of $23.26 with 2,313 shares traded as of 9:33 a.m. ET. Average volume has been 136,700 shares over the past 30 days.

SS&C has a market cap of $1.45 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 27.7% year to date as of the close of trading on Friday.

SS&C Technologies Holdings, Inc. provides software products and software-enabled services to financial services providers primarily in the United States, Canada, Europe, the Asia Pacific, and Japan. The company has a P/E ratio of 36.7, above the average computer software & services industry P/E ratio of 32.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates SS&C as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full

SS&C Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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