Dell Reaches New 52-Week High (DELL)

NEW YORK ( TheStreet) -- Dell (Nasdaq: DELL) hit a new 52-week high Tuesday as it is currently trading at $17.23, above its previous 52-week high of $17.22 with 3.3 million shares traded as of 10:06 a.m. ET. Average volume has been 25.5 million shares over the past 30 days.

Dell has a market cap of $32 billion and is part of the technology sector and computer hardware industry. Shares are up 22.1% year to date as of the close of trading on Monday.

Dell Inc. provides integrated technology solutions in the information technology (IT) industry worldwide. The company has a P/E ratio of 10.2, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Dell as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Dell Ratings Report.

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