Motorola Mobility Stock Hits New 52-Week High (MMI)

NEW YORK ( TheStreet) -- Motorola Mobility Holdings (NYSE: MMI) hit a new 52-week high Thursday as it is currently trading at $39.77, above its previous 52-week high of $39.74 with 1.3 million shares traded as of 11:15 a.m. ET. Average volume has been 3.1 million shares over the past 30 days.

Motorola Mobility has a market cap of $11.57 billion and is part of the technology sector and telecommunications industry. Shares are up 2.3% year to date as of the close of trading on Wednesday.

Motorola Mobility Holdings, Inc., together with its subsidiaries, provides technologies, products, and services for mobile and wire line digital communication, information, and entertainment applications.

TheStreet Ratings rates Motorola Mobility as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and feeble growth in the company's earnings per share. You can view the full Motorola Mobility Ratings Report.

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