E*Trade Financial Stock Hits New 52-Week High (ETFC)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Monday as it is currently trading at $13.23, above its previous 52-week high of $13.20 with 71,041 shares traded as of 9:35 a.m. ET. Average volume has been four million shares over the past 30 days.
E*Trade Financial has a market cap of $3.69 billion and is part of the financial sector and financial services industry. Shares are up 47% year to date as of the close of trading on Friday.
E*TRADE Financial Corporation, a financial services company, provides online brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand in the United States.
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TheStreet Ratings rates
E*Trade Financial
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full
E*Trade Financial Ratings Report
.
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