NEW YORK (

TheStreet

) --

Express

(NYSE:

EXPR

) hit a new 52-week high Tuesday as it is currently trading at $24.07, above its previous 52-week high of $24.02 with 603,313 shares traded as of 3:55 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Express has a market cap of $1.95 billion and is part of the

services

sector and

retail

industry. Shares are up 18.6% year to date as of the close of trading on Monday.

Express, Inc. operates specialty retail stores in the United States. The company's stores offer apparel and accessories for women and men between 20 and 30 years old across various aspects of the lifestyles comprising work, casual, jeanswear, and going-out occasions. It also sells gift cards. The company has a P/E ratio of 16.1, above the average retail industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Express as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full

Express Ratings Report

.

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