Tw Telecom Inc Reaches New 52-Week High (TWTC)

NEW YORK ( TheStreet) -- tw telecom inc (Nasdaq: TWTC) hit a new 52-week high Friday as it is currently trading at $29.56, above its previous 52-week high of $29.51 with 515,261 shares traded as of 12:35 p.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Tw telecom inc has a market cap of $4.27 billion and is part of the technology sector and telecommunications industry. Shares are up 13.8% year to date as of the close of trading on Wednesday.

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.

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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, increase in stock price during the past year, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full tw telecom inc Ratings Report.

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