Yahoo Reaches New 52-Week High (YHOO)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Wednesday as it is currently trading at $28.10, above its previous 52-week high of $27.68 with 9.3 million shares traded as of 9:41 a.m. ET. Average volume has been 15.8 million shares over the past 30 days.
Yahoo has a market cap of $29.6 billion and is part of the technology sector and internet industry. Shares are up 37.4% year to date as of the close of trading on Tuesday.
Yahoo! Inc., a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide.
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TheStreet Ratings rates
Yahoo
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, notable return on equity, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
.
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