NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $39.45, above its previous 52-week high of $39.38 with 3.3 million shares traded as of 10:06 a.m. ET. Average volume has been 11.6 million shares over the past 30 days.
Home Depot has a market cap of $57.05 billion and is part of the
industry. Shares are up 11.1% year to date as of the close of trading on Tuesday.
The Home Depot Inc., together with its subsidiaries, operates as a home improvement retailer. The company's stores sell a range of building materials, home improvement products, and lawn and garden products to do-it-yourself, do-it-for-me (D-I-F-M), and professional customers. The company has a P/E ratio of 16, above the average retail industry P/E ratio of 15.7 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Home Depot as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full
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