Geeknet Inc (Nasdaq:GKNT) hit a new 52-week high Wednesday as it changed hands at $27.50 compared with its previous 52-week high of $26.90. Geeknet is currently trading at $27.49 with 136,342 shares changing hands as of 3:27 p.m..
NEW YORK ( TheStreet) -- Geeknet Inc (Nasdaq: GKNT) hit a new 52-week high Wednesday as it traded at $27.50 compared with its previous 52-Week high of $26.90. Geeknet is changing hands at $27.49 with 136,342 shares traded as of 3:27 p.m. ET. Average volume has been 244,400 shares over the past 30 days. Geeknet has a market cap of $138.9 million and is part of the technology sector and internet industry. Shares are up 3.9% year to date as of the close of trading on Tuesday. Geeknet, Inc. operates as an online network for the global geek community comprising technology professionals, technology enthusiasts, and general consumers of technology-oriented goods, services, and media. The company operates through two segments, Media and E-commerce. TheStreet Ratings rates Geeknet as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including poor profit margins and weak operating cash flow. You can view the full Geeknet Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.