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) -- F5 Networks (Nasdaq: FFIV) hit a new 52-week low Friday as it is currently trading at $71.52, below its previous 52-week low of $71.65 with 212,361 shares traded as of 9:51 a.m. ET. Average volume has been 1.8 million shares over the past 30 days. F5 has a market cap of $5.78 billion and is part of the technology sector and computer software & services industry. Shares are down 24.4% year to date as of the close of trading on Thursday. F5 Networks, Inc. provides application delivery networking technology that secures and optimizes the delivery of network-based applications, and the security, performance, and availability of servers and other network resources. The company has a P/E ratio of 21, above the S&P 500 P/E ratio of 17.7.
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