Web.com Group Reaches New 52-Week High (WWWW)

NEW YORK ( TheStreet) -- Web.com Group (Nasdaq: WWWW) hit a new 52-week high Wednesday as it is currently trading at $16.46, above its previous 52-week high of $16.43 with 246,536 shares traded as of 10:50 a.m. ET. Average volume has been 544,000 shares over the past 30 days.

Web.com Group has a market cap of $739.6 million and is part of the technology sector and internet industry. Shares are up 36.9% year to date as of the close of trading on Tuesday.

Web.com Group, Inc. provides Internet services for small- to medium-sized businesses (SMBs) in North America, South America, and the United Kingdom.

TheStreet Ratings rates Web.com Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Web.com Group Ratings Report.

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