NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $24.50, above its previous 52-week high of $24.49 with 1.1 million shares traded as of 10:26 a.m. ET. Average volume has been 4.5 million shares over the past 30 days.
Comcast has a market cap of $16.3 billion and is part of the
industry. Shares are up 16.3% year to date as of the close of trading on Wednesday.
Comcast Corporation, together with its subsidiaries, provides consumer entertainment, information, and communication products and services to the residential and commercial customers in the United States. The company operates in two segments, Cable and Programming. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 16.9.
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TheStreet Ratings rates Comcast as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full
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