NEW YORK (
) hit a new 52-week high Wednesday as it traded at $81.75 compared with its previous 52-Week high of $81.20. Herbalife is changing hands at $81.52 with 338,352 shares traded as of 11:41 a.m. ET. Average volume has been 557,400 shares over the past 30 days.
Herbalife has a market cap of $4.8 billion and is part of the
industry. Shares are up 18% year to date as of the close of trading on Tuesday.
Herbalife Ltd., a network marketing company, sells weight management, nutritional supplement, energy, sports and fitness, and personal care products worldwide. The company has a P/E ratio of 17.3, equal to the average drugs industry P/E ratio and above the S&P 500 P/E ratio of 16.1.
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TheStreet Ratings rates Herbalife as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full
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