HiSoft Technology International Stock Hits New 52-Week Low (HSFT)

NEW YORK ( TheStreet) -- HiSoft Technology International (Nasdaq: HSFT) hit a new 52-week low Friday as it is currently trading at $8.95, below its previous 52-week low of $8.98 with 155,438 shares traded as of 2:09 p.m. ET. Average volume has been 258,700 shares over the past 30 days.

HiSoft Technology International has a market cap of $311.2 million and is part of the technology sector and computer software & services industry. Shares are down 67.5% year to date as of the close of trading on Thursday.

HiSoft Technology International Limited provides outsourced information technology (IT) and research and development services in North America, Europe, and Asia. The company has a P/E ratio of 16, below the average computer software & services industry P/E ratio of 27.3 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates HiSoft Technology International as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. You can view the full HiSoft Technology International Ratings Report.

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