VMware Stock Hits New 52-Week Low (VMW)

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) -- VMware (NYSE: VMW) hit a new 52-week low Friday as it is currently trading at $66.04, below its previous 52-week low of $66.46 with 490,125 shares traded as of 10:16 a.m. ET. Average volume has been 2.5 million shares over the past 30 days.

VMware has a market cap of $8.61 billion and is part of the technology sector and computer software & services industry. Shares are down 28.1% year to date as of the close of trading on Thursday.

VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. The company has a P/E ratio of 42, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates VMware 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 a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full VMware Ratings Report.

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