Motorola Stock Hits New 52-Week High (MSI)

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) -- Motorola Solutions (NYSE: MSI) hit a new 52-week high Friday as it is currently trading at $63.64, above its previous 52-week high of $63.58 with 745,392 shares traded as of 11:57 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Motorola has a market cap of $16.99 billion and is part of the technology sector and telecommunications industry. Shares are up 12.1% year to date as of the close of trading on Thursday.

Motorola Solutions, Inc. provides mission critical communication infrastructure, devices, software, and services worldwide. It operates in two segments, Government and Enterprise. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Motorola as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Motorola Ratings Report.

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