Lexmark International Reaches New 52-Week High (LXK)

NEW YORK ( TheStreet) -- Lexmark International (NYSE: LXK) hit a new 52-week high Thursday as it is currently trading at $33.22, above its previous 52-week high of $33 with 12,653 shares traded as of 9:40 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Lexmark International has a market cap of $2.06 billion and is part of the technology sector and computer hardware industry. Shares are up 41.7% year to date as of the close of trading on Wednesday.

Lexmark International, Inc. develops, manufactures, and supplies printing and imaging solutions for offices. It offers laser printers, inkjet printers, and multifunction devices, as well as cartridges and other supplies, services, and solutions.

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TheStreet Ratings rates Lexmark International as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Lexmark International Ratings Report.

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