NEW YORK (

TheStreet

) --

Discover Financial Services

(NYSE:

DFS

) hit a new 52-week high Friday as it is currently trading at $35.96, above its previous 52-week high of $35.89 with 840,748 shares traded as of 11:05 a.m. ET. Average volume has been 4.9 million shares over the past 30 days.

Discover Financial Services has a market cap of $17.6 billion and is part of the

financial

sector and

financial services

industry. Shares are up 48% year to date as of the close of trading on Thursday.

Discover Financial Services, a bank holding company, offers direct banking and payment services in the United States. It operates in two segments, Direct Banking and Payment Services. The company has a P/E ratio of 7.9, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Discover Financial Services as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Discover Financial Services Ratings Report

.

See all

52-week high stocks

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