2. As of noon trading, Seagate Technology ( STX) is up $0.62 (1.4%) to $45.72 on light volume. Thus far, 1.4 million shares of Seagate Technology exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $45.09-$45.93 after having opened the day at $45.62 as compared to the previous trading day's close of $45.10.

Seagate Technology Public Limited Company designs, manufactures, markets, and sells hard disk drives for enterprise storage, client compute, and client non-compute market applications worldwide. Seagate Technology has a market cap of $16.2 billion and is part of the computer hardware industry. Shares are up 48.3% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Seagate Technology a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Seagate Technology as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Seagate Technology Ratings Report now.

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