JDS Uniphase Corp (CA Stock Hits New 52-Week High (JDSU)

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) -- JDS Uniphase Corp (CA (Nasdaq: JDSU) hit a new 52-week high Tuesday as it is currently trading at $15.23, above its previous 52-week high of $15.19 with 485,070 shares traded as of 9:46 a.m. ET. Average volume has been 4.9 million shares over the past 30 days.

JDS Uniphase Corp (CA has a market cap of $3.4 billion and is part of the technology sector and telecommunications industry. Shares are up 9.5% year to date as of the close of trading on Monday.

JDS Uniphase Corporation provides communications test and measurement solutions, and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers, and enterprises worldwide.

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TheStreet Ratings rates JDS Uniphase Corp (CA 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 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 a generally disappointing performance in the stock itself. You can view the full JDS Uniphase Corp (CA Ratings Report.

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