Fresh Market Stock Hits 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 $59.30, above its previous 52-week high of $59.10 with 503,645 shares traded as of 11 a.m. ET. Average volume has been 838,500 shares over the past 30 days.

Fresh Market has a market cap of $2.74 billion and is part of the

services

sector and

retail

industry. Shares are up 40.7% 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 47.8, equal to the average retail industry P/E ratio 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 revenue growth, impressive record of earnings per share growth and compelling growth in net income. 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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