NCR Reaches New 52-Week High (NCR)

NEW YORK ( TheStreet) -- NCR Corporation (NYSE: NCR) hit a new 52-week high Wednesday as it is currently trading at $23.87, above its previous 52-week high of $23.85 with 494,227 shares traded as of 12:45 p.m. ET. Average volume has been 1.6 million shares over the past 30 days.

NCR has a market cap of $3.73 billion and is part of the technology sector and computer software & services industry. Shares are up 43.4% year to date as of the close of trading on Tuesday.

NCR Corporation provides products and services that enable businesses to connect, interact, and transact with their customers worldwide. The company has a P/E ratio of 56, above the average computer software & services industry P/E ratio of 54.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NCR as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, robust revenue growth, solid stock price performance, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full NCR Ratings Report.

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