Hot Topic Stock Hits New 52-Week High (HOTT)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Monday as it is currently trading at $8.49, above its previous 52-week high of $8.45 with 348,946 shares traded as of 12:15 p.m. ET. Average volume has been 709,600 shares over the past 30 days.
Hot Topic has a market cap of $358.9 million and is part of the
sector and
industry. Shares are up 29.3% year to date as of the close of trading on Friday.
Hot Topic, Inc., together with its subsidiaries, operates as a mall- and Web-based specialty retailer in the United States. The company operates Hot Topic and Torrid store concepts, as well as an e-space music discovery concept, ShockHound.
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TheStreet Ratings rates Hot Topic as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full
.
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