Luxoft (LXFT) Hits New Lifetime High Today

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Luxoft ( LXFT) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Luxoft as such a stock due to the following factors:

  • LXFT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $14.0 million.
  • LXFT has traded 1,200 shares today.
  • LXFT is trading at a new lifetime high.

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More details on LXFT:

Luxoft Holding, Inc., together with its subsidiaries, provides software development services and IT solutions to multinational corporations primarily in Western Europe and North America. LXFT has a PE ratio of 24. Currently there are 3 analysts that rate Luxoft a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Luxoft has been 193,300 shares per day over the past 30 days. Luxoft has a market cap of $1.8 billion and is part of the technology sector and computer software & services industry. Shares are up 44.9% year-to-date as of the close of trading on Wednesday.

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