Comcast Reaches New 52-Week High (CMCSK) - TheStreet

NEW YORK (

TheStreet

) --

Comcast

(Nasdaq:

CMCSK

) hit a new 52-week high Friday as it is currently trading at $31.10, above its previous 52-week high of $31.06 with 476,441 shares traded as of 10:15 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Comcast has a market cap of $17.62 billion and is part of the

services

sector and

media

industry. Shares are up 28.1% year to date as of the close of trading on Thursday.

Comcast Corporation provides entertainment, information, and communications products and services in the United States and internationally. The company's Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers. The company has a P/E ratio of 22.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Comcast as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Comcast Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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