Fresh Market Reaches New 52-Week High (TFM) - TheStreet

NEW YORK (

TheStreet

) --

Fresh Market

(Nasdaq:

TFM

) hit a new 52-week high Tuesday as it is currently trading at $49.60, above its previous 52-week high of $49.58 with 88,672 shares traded as of 1:14 p.m. ET. Average volume has been 311,000 shares over the past 30 days.

Fresh Market has a market cap of $2.18 billion and is part of the

services

sector and

retail

industry. Shares are up 22.5% year to date as of the close of trading on Monday.

The Fresh Market, Inc. operates as a specialty grocery retailer. The company has a P/E ratio of 45, below the average retail industry P/E ratio of 70.9 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Fresh Market as a

hold

. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including premium valuation and poor profit margins. You can view the full

Fresh Market Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

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