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NEW YORK (

TheStreet

) --

Symantec

(Nasdaq:

SYMC

) hit a new 52-week low Monday as it is currently trading at $14.18, below its previous 52-week low of $14.20 with 1.2 million shares traded as of 10:15 a.m. ET. Average volume has been 7.9 million shares over the past 30 days.

Symantec has a market cap of $10.4 billion and is part of the

technology

sector and

computer software & services

industry. Shares are down 7.7% year to date as of the close of trading on Friday.

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Symantec Corporation provides security, storage, and systems management solutions to various organization and consumers worldwide. It operates in four segments: Consumer, Security and Compliance, Storage and Server Management, and Services. The company has a P/E ratio of 9.2, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Symantec as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full

Symantec Ratings Report

.

See all

52-week low stocks

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