NEW YORK (

TheStreet

) --

Charming Shoppes

(Nasdaq:

CHRS

) hit a new 52-week high Friday as it is currently trading at $5.57, above its previous 52-week high of $5.55 with 608,769 shares traded as of 11:10 a.m. ET. Average volume has been 2.3 million shares over the past 30 days.

Charming Shoppes has a market cap of $567.5 million and is part of the

services

sector and

retail

industry. Shares are up 6.3% year to date as of the close of trading on Thursday.

Charming Shoppes, Inc. operates as a specialty apparel retailer primarily for women in the United States. The company operates retail stores and related e-commerce Web sites under the LANE BRYANT, FASHION BUG, and CATHERINES PLUS SIZES brand names.

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TheStreet Ratings rates Charming Shoppes as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full

Charming Shoppes Ratings Report

.

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