Insight Reaches New 52-Week High (NSIT)

NEW YORK ( TheStreet) -- Insight (Nasdaq: NSIT) hit a new 52-week high Wednesday as it is currently trading at $22.60, above its previous 52-week high of $22.59 with 199,836 shares traded as of 3:45 p.m. ET. Average volume has been 220,400 shares over the past 30 days.

Insight has a market cap of $804.2 million and is part of the technology sector and computer software & services industry. Shares are up 44.3% year to date as of the close of trading on Tuesday.

Insight Enterprises, Inc. provides information technology (IT) hardware, software, and service solutions to businesses and public sector clients. Its solutions help companies enable, manage, and secure their IT environments. The company has a P/E ratio of 10.2, above the average computer software & services industry P/E ratio of 9.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Insight as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Insight Ratings Report.

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