Gap Reaches New 52-Week High (GPS)

NEW YORK (TheStreet) -- Gap (NYSE:GPS) hit a new 52-week high Wednesday as it is currently trading at $29.25, above its previous 52-week high of $29.23 with 3.8 million shares traded as of 2:25 p.m. ET. Average volume has been 6.9 million shares over the past 30 days.

Gap has a market cap of $13.65 billion and is part of the services sector and retail industry. Shares are up 50.4% year to date as of the close of trading on Tuesday.

The Gap, Inc. operates as a specialty retailer. The company offers apparel, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brand names. The company has a P/E ratio of 17.1, above the average retail industry P/E ratio of 17 and below the S&P 500 P/E ratio of 17.7.

• ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

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

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

For more information on Gap Inc. click any of the following:

• Gap Inc. Stock Price

• Gap Inc. Analyst Ratings

• Gap Inc. Key Stats & Profile

• Gap Inc. Earnings

• Gap Inc. Ratio Comparison

• Gap Inc. Growth Rates

• Gap Inc. Balance Sheet

• Gap Inc. Cash Flow

• Gap Inc. Income Statement