Servicesource International Stock Hits New 52-Week Low (SREV)

NEW YORK ( TheStreet) -- Servicesource International (Nasdaq: SREV) hit a new 52-week low Wednesday as it is currently trading at $11.76, below its previous 52-week low of $11.80 with 247,814 shares traded as of 1:25 p.m. ET. Average volume has been 820,100 shares over the past 30 days.

Servicesource International has a market cap of $910.9 million and is part of the technology sector and computer software & services industry. Shares are down 22.4% year to date as of the close of trading on Tuesday.

ServiceSource International, Inc. manages the service contract renewals process of maintenance, support and subscription agreements for technology and technology-enabled healthcare, and life sciences companies.

TheStreet Ratings rates Servicesource International as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Servicesource International Ratings Report.

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