Ralph Lauren Reaches New 52-Week High (RL)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Wednesday as it is currently trading at $174.50, above its previous 52-week high of $164.55 with 903,291 shares traded as of 9:40 a.m. ET. Average volume has been one million shares over the past 30 days.
Ralph Lauren has a market cap of $9.24 billion and is part of the
sector and
industry. Shares are up 13.8% year to date as of the close of trading on Tuesday.
Ralph Lauren Corporation, together with its subsidiaries, engages in the design, marketing, and distribution of lifestyle products. The company has a P/E ratio of 23.1, above the average consumer non-durables industry P/E ratio of 22.1 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Ralph Lauren as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. 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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