Quest Software Reaches New 52-Week High (QSFT)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- Quest Software (Nasdaq: QSFT) hit a new 52-week high Tuesday as it is currently trading at $28, above its previous 52-week high of $27.99 with 96,408 shares traded as of 9:40 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Quest Software has a market cap of $2.37 billion and is part of the technology sector and computer software & services industry. Shares are up 50.5% year to date as of the close of trading on Monday.

Quest Software, Inc. designs, develops, markets, distributes, and supports enterprise systems management software products worldwide. The company has a P/E ratio of 466.2, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Quest Software as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, 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 Quest Software Ratings Report.

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