NCR Stock Hits New 52-Week High (NCR)

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) -- NCR Corporation (NYSE: NCR) hit a new 52-week high Friday as it is currently trading at $29.27, above its previous 52-week high of $28.34 with one million shares traded as of 10:12 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

NCR has a market cap of $4.45 billion and is part of the technology sector and computer software & services industry. Shares are up 9.7% 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 36.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates NCR as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full NCR Ratings Report.

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