Dollar General Reaches New 52-Week High (DG) - TheStreet

NEW YORK (

TheStreet

) --

Dollar General Corporation

(NYSE:

DG

) hit a new 52-week high Friday as it is currently trading at $46.96, above its previous 52-week high of $46.95 with 580,216 shares traded as of 10:05 a.m. ET. Average volume has been two million shares over the past 30 days.

Dollar General has a market cap of $14.31 billion and is part of the

services

sector and

retail

industry. Shares are up 8.8% year to date as of the close of trading on Thursday.

Dollar General Corporation operates as a discount retailer of general merchandise in the southern, southwestern, midwestern, and eastern United States. The company has a P/E ratio of 22.3, above the average retail industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Dollar General as a

buy

. The company's strengths can be seen in multiple areas, such as its 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

Dollar General Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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