NCR Reaches New 52-Week High (NCR)

NEW YORK ( TheStreet) -- NCR Corporation (NYSE: NCR) hit a new 52-week high Friday as it is currently trading at $25.04, above its previous 52-week high of $25 with 325,763 shares traded as of 10:15 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

NCR has a market cap of $3.94 billion and is part of the technology sector and computer software & services industry. Shares are up 48.2% year to date as of the close of trading on Thursday.

NCR Corporation provides products and services that enable businesses to connect, interact, and transact with their customers worldwide. The company has a P/E ratio of 45, above the average computer software & services industry P/E ratio of 36.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NCR as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full NCR Ratings Report.

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