Check Point Software Reaches New 52-Week High (CHKP)

NEW YORK ( TheStreet) -- Check Point Software Technologies (Nasdaq: CHKP) hit a new 52-week high Thursday as it is currently trading at $55.90, above its previous 52-week high of $54.58 with 1.3 million shares traded as of 10:16 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Check Point Software has a market cap of $10.51 billion and is part of the technology sector and computer software & services industry. Shares are up 12.3% year to date as of the close of trading on Wednesday.

Check Point Software Technologies Ltd. develops, markets, and supports a range of software, and combined hardware and software products and services for information technology (IT) security worldwide.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Check Point Software as a buy. 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, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Check Point Software Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

3 'Orphan Stocks' to Consider Adopting

Massive Equifax Hack Lifts Cybersecurity Stocks

Teva Must Clear Three Big Hurdles to Reclaim Its Perch

Teva Falls Hard, Loses Title as Israel's Biggest Firm

Activision Blizzard, EPR Properties, AbbVie: 'Mad Money' Lightning Round