TeleTech Stock Hits New 52-Week High (TTEC)

NEW YORK ( TheStreet) -- TeleTech Holdings (Nasdaq: TTEC) hit a new 52-week high Friday as it traded at $22.76 compared with its previous 52-Week high of $22.75. TeleTech is changing hands at $22.76 with 82,573 shares traded as of 2:56 p.m. ET. Average volume has been 205,900 shares over the past 30 days. TeleTech has a market cap of $1.3 billion and is part of the services sector and diversified services industry. Shares are up 8.3% year to date as of the close of trading on Thursday.

TeleTech Holdings, Inc. provides onshore, offshore, and work-from-home business process outsourcing services focusing on revenue generation, customer and enterprise management, and technology enabled solutions worldwide. The company has a P/E ratio of 21.6, above the average diversified services industry P/E ratio of 21.3 and below the S&P 500 P/E ratio of 23.5.

TheStreet Ratings rates TeleTech as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full TeleTech Ratings Report.

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