Ninety-nine Cents Only Stores Stock Hits New 52-Week High (NDN)

NEW YORK (TheStreet) -- 99 Cents Only Stores (NYSE:NDN) hit a new 52-week high Friday as it is currently trading at $21.71, above its previous 52-week high of $21.68 with 2.1 million shares traded as of 3:56 p.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Ninety-nine Cents Only Stores has a market cap of $1.5 billion and is part of the services sector and retail industry. Shares are up 35.4% year to date as of the close of trading on Thursday.

Ninety-nine Only Stores engages in the retail sale of consumable general merchandise with focus on name-brand products. Its stores offer a range of consumer goods, and closeout merchandise. The company has a P/E ratio of 20.4, above the average retail industry P/E ratio of 20.2 and above the S&P 500 P/E ratio of 17.7.

• Practice your NDN trading strategies and win cash in our stock game.

TheStreet Ratings rates 99 Cents Only Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full 99 Cents Only Stores Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

For more information on 99 Cents Only Stores click any of the following:

• 99 Cents Only Stores Stock Price

• 99 Cents Only Stores Analyst Ratings

• 99 Cents Only Stores Key Stats & Profile

• 99 Cents Only Stores Earnings

• 99 Cents Only Stores Ratio Comparison

• 99 Cents Only Stores Growth Rates

• 99 Cents Only Stores Balance Sheet

• 99 Cents Only Stores Cash Flow

• 99 Cents Only Stores Income Statement