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Interpublic Group Of Cos Reaches New 52-Week High (IPG)

NEW YORK ( TheStreet) -- Interpublic Group of Cos (NYSE: IPG) hit a new 52-week high Tuesday as it is currently trading at $15.75, above its previous 52-week high of $15.74 with 40,544 shares traded as of 9:30 a.m. ET. Average volume has been 4.2 million shares over the past 30 days.

Interpublic Group of Cos has a market cap of $6.73 billion and is part of the services sector and media industry. Shares are up 42.6% year to date as of the close of trading on Monday.

The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide. The company operates in two segments, Integrated Agency Networks and Constituency Management Group.

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TheStreet Ratings rates Interpublic Group of Cos 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, solid stock price performance, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Interpublic Group of Cos Ratings Report.

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