NEW YORK (

TheStreet

) --

AOL

(NYSE:

AOL

) hit a new 52-week high Wednesday as it is currently trading at $28.98, above its previous 52-week high of $28.97 with 2.3 million shares traded as of 10:45 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

AOL has a market cap of $2.6 billion and is part of the

technology

sector and

internet

industry. Shares are up 82.1% year to date as of the close of trading on Tuesday.

AOL Inc. operates as a Web services company that offers a suite of brands and offerings for the worldwide audience. Its business spans online content, products, and services for consumers, publishers, and advertisers. The company has a P/E ratio of 91.9, below the average internet industry P/E ratio of 92.7 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates AOL as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full

AOL Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

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