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MicroStrategy Stock Hits New 52-Week High

Friday, February 11, 2011

MicroStrategy hit a new 52-week high Friday as it traded at $115.50 compared with its previous 52-Week high of $115.27. MicroStrategy is changing hands at $115.21 with 13,598 shares traded as of 10:17 a.m. ET. Average volume has been 105,300 shares over the past 30 days. MicroStrategy has a market cap of $927.4 million and is part of the technology sector and computer software & services industry. Shares are up 34.6% year to date as of the close of trading on Thursday.

MicroStrategy Incorporated provides business intelligence (BI) software worldwide. It offers MicroStrategy 9, an integrated BI platform that enables businesses to make business decisions. The company has a P/E ratio of 30.3, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 23.5.

Article sourced from www.thestreet.com, click here to read full story.

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