Marriott International Reaches New 52-Week High (MAR) - TheStreet

NEW YORK (

TheStreet

) --

Marriott International

(NYSE:

MAR

) hit a new 52-week high Tuesday as it is currently trading at $38.66, above its previous 52-week high of $38.63 with 39,474 shares traded as of 9:35 a.m. ET. Average volume has been 3.9 million shares over the past 30 days.

Marriott International has a market cap of $11.71 billion and is part of the

services

sector and

leisure

industry. Shares are down 30.5% year to date as of the close of trading on Monday.

Marriott International, Inc. operates, franchises, and licenses hotels and corporate housing properties worldwide. The company has a P/E ratio of 50.4, below the average leisure industry P/E ratio of 62.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Marriott International as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and poor profit margins. You can view the full

Marriott International Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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