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NEW YORK (

TheStreet

) --

Cinemark Holdings

(NYSE:

CNK

) hit a new 52-week high Thursday as it traded at $19.97 compared with its previous 52-Week high of $19.80. Cinemark is changing hands at $19.80 with 104,748 shares traded as of 9:41 a.m. ET. Average volume has been 842,300 shares over the past 30 days.

Cinemark has a market cap of $2.1 billion and is part of the

services

sector and

media

TheStreet Recommends

industry. Shares are up 8.2% year to date as of the close of trading on Wednesday.

Cinemark Holdings, Inc. and subsidiaries engage in the motion picture exhibition business. As of December 31, 2009, the company operated 424 theatres and 4,896 screens in the United States, Canada, and Latin America. The company also manages theatres in the United States, Brazil, and Colombia. The company has a P/E ratio of 14.4, below the average media industry P/E ratio of 14.6 and below the S&P 500 P/E ratio of 22.7.

TheStreet Ratings rates Cinemark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Cinemark Ratings Report

.

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