NEW YORK (
TheStreet) --
Intel (Nasdaq:
INTC) hit a new 52-week high Friday as it is currently trading at $27.08, above its previous 52-week high of $27 with 17.1 million shares traded as of 10:05 a.m. ET. Average volume has been 51.9 million shares over the past 30 days.
Intel has a market cap of $136.95 billion and is part of the
technology sector and
electronics industry. Shares are up 10.6% year to date as of the close of trading on Thursday.
Intel Corporation engages in the design, manufacture, and sale of integrated circuits for computing and communications industries worldwide. The company has a P/E ratio of 10.5, below the average electronics industry P/E ratio of 11.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Intel as a
buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full
Intel Ratings Report.
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