Informatica Stock Hits New 52-Week Low (INFA)

NEW YORK ( TheStreet) -- Informatica Corporation (Nasdaq: INFA) hit a new 52-week low Monday as it is currently trading at $27.96, below its previous 52-week low of $28.12 with 83,928 shares traded as of 9:40 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.

Informatica has a market cap of $3.29 billion and is part of the technology sector and computer software & services industry. Shares are down 21.2% year to date as of the close of trading on Friday.

Informatica Corporation provides enterprise data integration and data quality software and services worldwide. The company has a P/E ratio of 27.9, 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 Informatica 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 Informatica Ratings Report.

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