Comcast Reaches New 52-Week High (CMCSK)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Friday as it is currently trading at $28.04, above its previous 52-week high of $28.02 with 2.5 million shares traded as of 12:45 p.m. ET. Average volume has been 3.7 million shares over the past 30 days.
Comcast has a market cap of $15.69 billion and is part of the
sector and
industry. Shares are up 17% year to date as of the close of trading on Thursday.
Comcast Corporation, together with its subsidiaries, provides entertainment, information, and communications products and services in the United States and internationally. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Comcast as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, good cash flow from operations, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
.
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