NEW YORK (

TheStreet

) --

eBay

(Nasdaq:

EBAY

) hit a new 52-week high Thursday as it is currently trading at $35.59, above its previous 52-week high of $35.33 with 2.5 million shares traded as of 10 a.m. ET. Average volume has been 10.9 million shares over the past 30 days.

eBay has a market cap of $41.25 billion and is part of the

services

sector and

retail

industry. Shares are up 14.3% year to date as of the close of trading on Wednesday.

eBay Inc. provides online platforms, services, and tools to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. The company has a P/E ratio of 14.3, above the average retail industry P/E ratio of 13 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates eBay as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and compelling growth in net income. 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

eBay Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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