NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $65.40, above its previous 52-week high of $63.40 with two million shares traded as of 10:05 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.
Herbalife has a market cap of $6.58 billion and is part of the
industry. Shares are up 20.9% 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 19.6, above the average drugs industry P/E ratio of 18.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Herbalife as a
. 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full
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