Electronic Arts Stock Hits New 52-Week Low (EA)

NEW YORK ( TheStreet) -- Electronic Arts (Nasdaq: EA) hit a new 52-week low Thursday as it is currently trading at $12.18, below its previous 52-week low of $12.20 with 1.4 million shares traded as of 12:45 p.m. ET. Average volume has been 6.4 million shares over the past 30 days.

Electronic Arts has a market cap of $4.03 billion and is part of the technology sector and computer software & services industry. Shares are down 38.5% year to date as of the close of trading on Wednesday.

Electronic Arts Inc. develops, markets, publishes, and distributes game software and content for video game consoles, personal computers, mobile phones, tablets and electronic readers, hand held game players, and the Internet. The company has a P/E ratio of 55.1, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Electronic Arts as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Electronic Arts Ratings Report.

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