Concur Reaches New 52-Week High (CNQR)

NEW YORK ( TheStreet) -- Concur Technologies (Nasdaq: CNQR) hit a new 52-week high Friday as it is currently trading at $69.53, above its previous 52-week high of $69.34 with 371,741 shares traded as of 1:45 p.m. ET. Average volume has been 747,700 shares over the past 30 days.

Concur has a market cap of $3.51 billion and is part of the technology sector and computer software & services industry. Shares are up 31.6% year to date as of the close of trading on Thursday.

Concur Technologies, Inc. provides integrated travel and expense management solutions for companies of various industries, sizes, and geographies.

TheStreet Ratings rates Concur 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, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full Concur Ratings Report.

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