Ixia Stock Hits New 52-Week Low (XXIA)

NEW YORK ( TheStreet) -- Ixia (Nasdaq: XXIA) hit a new 52-week low Tuesday as it is currently trading at $9.44, below its previous 52-week low of $9.45 with 454,546 shares traded as of 3:37 p.m. ET. Average volume has been 601,600 shares over the past 30 days.

Ixia has a market cap of $687 million and is part of the technology sector and electronics industry. Shares are down 42% year to date as of the close of trading on Monday.

Ixia supplies converged network and application performance testing solutions for network equipment manufacturers, service providers, enterprises, and government agencies the United States and internationally. It designs and validates a range of IP and 3G/LTE networking equipment. The company has a P/E ratio of 37, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
  • Practice your XXIA trading strategies and win cash in our stock game.

TheStreet Ratings rates Ixia as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Ixia Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Asia Markets Fall on Latest Tariff Threats From Trump

Asia Markets Fall on Latest Tariff Threats From Trump

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes