Hewlett-Packard Stock Hits New 52-Week Low (HPQ)

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) -- Hewlett-Packard (NYSE: HPQ) hit a new 52-week low Tuesday as it is currently trading at $16.74, below its previous 52-week low of $16.77 with 19.1 million shares traded as of 3:10 p.m. ET. Average volume has been 20.8 million shares over the past 30 days.

Hewlett-Packard has a market cap of $34.58 billion and is part of the technology sector and computer hardware industry. Shares are down 33.2% year to date as of the close of trading on Monday.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide.

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TheStreet Ratings rates Hewlett-Packard as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, poor profit margins and generally high debt management risk. You can view the full Hewlett-Packard Ratings Report.

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

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