NEW YORK ( TheStreet) -- Verint Systems (Nasdaq: VRNT) hit a new 52-week low Monday as it is currently trading at $24.22, below its previous 52-week low of $24.29 with 48,763 shares traded as of 2:35 p.m. ET. Average volume has been 150,400 shares over the past 30 days.

Verint Systems has a market cap of $1.1 billion and is part of the technology sector and computer software & services industry. Shares are down 17.1% year to date as of the close of trading on Friday.

Verint Systems Inc. provides actionable intelligence solutions and value-added services worldwide. Its solutions are used to capture, distill, and analyze underused information sources, such as voice, video, and unstructured text. The company has a P/E ratio of 36.8, below the average computer software & services industry P/E ratio of 39.5 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Verint Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally poor debt management. You can view the full Verint Systems Ratings Report.

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