Metro PCS

Posted by BlackJack On Sunday, March 20, 2011 0 comments

MetroPCS Communications (PCS) raked up a new 52-week high because it traded at $15.21. Metro PCS is altering hands at $15.20 with 2.6 million shares traded as, with an regular volume of 5.5 million shares around the past 30 days. MetroPCS includes a market place cap of $5.2 billion and is part of the technological innovation sector and telecommunications sector. Shares are up 17.3% yr to date as in the shut of trading on Thursday.

MetroPCS Communications, Inc., a wireless telecommunications carrier, delivers wireless broadband mobile services inside the Usa. The company has a P/E ratio of 26.9, equal for the average telecommunications industry P/E ratio (AT&T, Verizon Wireless, Sprint, T-Mobile) and above the S&P 500 P/E ratio of 15.6.

The market cap for MetroPCS at the moment is $5.2 billion, with shares up 17.3% year to date as of the close of trading on Thursday. The company has a P/E ratio of 26.9, which is equivalent to the average telecommunications industry P/E ratio (AT&T, Verizon Wireless, Sprint, T-Mobile) and above the S&P 500 P/E ratio of 15.6.

Another Related in MetroPCS Communications (NYSE:PCS) hit a new 52-week high Friday as it traded at $15.21 compared with its previous 52-Week high of $15.20. MetroPCS is changing hands at $15.20 with 2.6 million shares traded as of 12:07 p.m. ET. Average volume has been 5.5 million shares over the past 30 days.

TheStreet Ratings rates MetroPCS as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full MetroPCS Ratings Report.

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