JDS Uniphase Corp (CA Stock Hits New 52-Week Low (JDSU)

NEW YORK ( TheStreet) -- JDS Uniphase Corp (CA (Nasdaq: JDSU) hit a new 52-week low Tuesday as it is currently trading at $8.50, below its previous 52-week low of $8.59 with 1.9 million shares traded as of 10:40 a.m. ET. Average volume has been 5.2 million shares over the past 30 days.

JDS Uniphase Corp (CA has a market cap of $2.08 billion and is part of the technology sector and telecommunications industry. Shares are down 15.5% year to date as of the close of trading on Monday.

JDS Uniphase Corporation provides communications test and measurement solutions, and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers, and enterprises worldwide.

TheStreet Ratings rates JDS Uniphase Corp (CA as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full JDS Uniphase Corp (CA Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.