NEW YORK (

TheStreet

) --

Expedia

(Nasdaq:

EXPE

) hit a new 52-week high Friday as it is currently trading at $31.35, above its previous 52-week high of $31.01 with 2.4 million shares traded as of 9:57 a.m. ET. Average volume has been 4.8 million shares over the past 30 days.

Expedia has a market cap of $7.4 billion and is part of the

services

sector and

leisure

industry. Shares are up 15.5% year to date as of the close of trading on Thursday.

Expedia Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. The company has a P/E ratio of 20.5, above the average leisure industry P/E ratio of 20.4 and above the S&P 500 P/E ratio of 17.7.

  • Practice your EXPE trading strategies and win cash in our stock game.

TheStreet Ratings rates Expedia as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Expedia Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null