Men's Wearhouse Reaches New 52-Week High (MW)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Friday as it is currently trading at $36.49, above its previous 52-week high of $36.44 with 53,136 shares traded as of 10:15 a.m. ET. Average volume has been 713,200 shares over the past 30 days.
Men's Wearhouse has a market cap of $1.78 billion and is part of the
sector and
industry. Shares are up 9.4% year to date as of the close of trading on Thursday.
The Men's Wearhouse, Inc. operates as a specialty retailer of men's suits in the United States and Canada. The company operates its retail apparel stores under the Men's Wearhouse, Men's Wearhouse and Tux, and K&G brand names in 47 states in the U.S. and the District of Columbia. The company has a P/E ratio of 16.6, above the average retail industry P/E ratio of 16.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Men's Wearhouse as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
Men's Wearhouse Ratings Report
.
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