NEW YORK (

TheStreet

) --

CB Richard Ellis Group

(NYSE:

CBG

) hit a new 52-week high Thursday as it traded at $27.55 compared with its previous 52-Week high of $27.50. CB Richard Ellis Group is changing hands at $27.42 with 134,728 shares traded as of 9:31 a.m. ET. Average volume has been 3.6 million shares over the past 30 days.

CB Richard Ellis Group has a market cap of $8.8 billion and is part of the

financial

sector and

real estate

industry. Shares are up 31.6% year to date as of the close of trading on Wednesday.

CB Richard Ellis Group, Inc., through its subsidiaries, operates as a commercial real estate services firm worldwide. The company has a P/E ratio of 45.5, above the average real estate industry P/E ratio of 43.4 and above the S&P 500 P/E ratio of 16.

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TheStreet Ratings rates CB Richard Ellis Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally poor debt management. You can view the full

CB Richard Ellis Group Ratings Report

.

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