Tw Telecom Inc Stock Hits New 52-Week High (TWTC)

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) -- tw telecom inc (Nasdaq: TWTC) hit a new 52-week high Wednesday as it is currently trading at $28.77, above its previous 52-week high of $28.02 with 9.1 million shares traded as of 3:35 p.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Tw telecom inc has a market cap of $3.97 billion and is part of the technology sector and telecommunications industry. Shares are up 3.4% year to date as of the close of trading on Tuesday.

tw telecom inc. engages in the provision of managed network services in the United States. The company offers data networking, converged, Internet protocol based virtual private network (IP VPN), and Internet access services. The company has a P/E ratio of 52.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates tw telecom inc as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full tw telecom inc Ratings Report.

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