NEW YORK ( TheStreet) -- Qlik Technologies (Nasdaq: QLIK) hit a new 52-week low Monday as it is currently trading at $20.49, below its previous 52-week low of $20.55 with 755,744 shares traded as of 1:26 p.m. ET. Average volume has been 1.5 million shares over the past 30 days. Qlik has a market cap of $1.9 billion and is part of the technology sector and computer software & services industry. Shares are down 16.4% year to date as of the close of trading on Friday. Qlik Technologies Inc. engages in the development, commercialization, and implementation of software products and related services that deliver data analysis and reporting solutions primarily in the Americas, and Europe. The company has a P/E ratio of 204.4, below the average computer software & services industry P/E ratio of 224.8 and above the S&P 500 P/E ratio of 17.7.
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