NEW YORK (

TheStreet

) --

Steven Madden

(Nasdaq:

SHOO

) hit a new 52-week high Thursday as it is currently trading at $56.37, above its previous 52-week high of $56.29 with 158,244 shares traded as of 11:31 a.m. ET. Average volume has been 263,300 shares over the past 30 days.

Steven Madden has a market cap of $1.5 billion and is part of the

consumer goods

sector and

consumer non-durables

industry.

TheStreet Recommends

Steven Madden, Ltd., together with its subsidiaries, designs, sources, markets, and sells fashion-forward footwear for women, men, and children.

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TheStreet Ratings rates Steven Madden as a

buy

. 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 reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Steven Madden Ratings Report

.

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