Web.com Group (Nasdaq:WWWW) hit a new 52-week high Wednesday as it changed hands at $11.97 compared with its previous 52-week high of $10.35. Web.com Group is currently trading at $11.92 with 94,993 shares changing hands as of 9:32 a.m..
NEW YORK ( TheStreet) -- Web.com Group (Nasdaq: WWWW) hit a new 52-week high Wednesday as it traded at $11.97 compared with its previous 52-Week high of $10.35. Web.com Group is changing hands at $11.92 with 94,993 shares traded as of 9:32 a.m. ET. Average volume has been 293,900 shares over the past 30 days. Web.com Group has a market cap of $267.2 million and is part of the technology sector and internet industry. Shares are up 16.8% year to date as of the close of trading on Tuesday. Web.com Group, Inc. provides Website building tools, online marketing, lead generation, ecommerce, and technology solutions that enable small and medium-sized businesses to build and maintain their online presence. The company has a P/E ratio of 22.6, below the average internet industry P/E ratio of 23.1 and below the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Web.com Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and generally poor debt management. You can view the full Web.com Group Ratings Report.