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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