|Day's Range||254.00 - 254.00|
|52 Week Range||225.00 - 295.00|
|PE Ratio (TTM)||20.89|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
IBM (IBM) has for years struggled with revenue declines due to slow sales of its legacy IT (Information Technology) products.
As part of the efforts to sharpen its security edge and turn around its fortunes, Cisco announced in May that it was partnering with IBM (IBM) to tackle cybercrime.
Big Blue continues to buy back shares, but is that a good thing for shareholders, or a waste of capital?