Discovery Stock Hits New 52-Week High (DISCK) - TheStreet

NEW YORK (

TheStreet

) --

Discovery Communications

(Nasdaq:

DISCK

) hit a new 52-week high Friday as it is currently trading at $47.28, above its previous 52-week high of $46.93 with 47,788 shares traded as of 9:40 a.m. ET. Average volume has been 462,000 shares over the past 30 days.

Discovery has a market cap of $4.65 billion and is part of the

services

sector and

media

industry. Shares are up 21.9% year to date as of the close of trading on Thursday.

Discovery Communications, Inc. operates as a non fiction media and entertainment company worldwide. The company provides original and purchased programming across various distribution platforms. The company has a P/E ratio of 16.4, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Discovery as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Discovery Ratings Report

.

See all

52-week high stocks

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