HiSoft Technology International Stock Hits New 52-Week Low (HSFT)

   Date:2011/08/19

HiSoft Technology International (Nasdaq:HSFT) hit a new 52-week low Thursday as it is currently trading at $9.50, below its previous 52-week low of $10.25 with 68,294 shares traded as of 10:17 a.m. ET. Average volume has been 370,300 shares over the past 30 days.

HiSoft Technology International has a market cap of $333.8 million and is part of the technology sector and computer software & services industry. Shares are down 65.3% year to date as of the close of trading on Wednesday.

HiSoft Technology International Limited provides outsourced information technology (IT) and research and development services in North America, Europe, and Asia. The company has a P/E ratio of 17.6, below the average computer software & services industry P/E ratio of 32.1 and equal to the S&P 500 P/E ratio of 17.7.

 

Source:TheStreet

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