NEW YORK (

TheStreet

) --

The Western Union Company

(NYSE:

WU

) hit a new 52-week high Friday as it traded at $21.74 compared with its previous 52-Week high of $21.70. The Western Union is changing hands at $21.73 with 2.7 million shares traded as of 1:17 p.m. ET. Average volume has been 5.3 million shares over the past 30 days.

The Western Union has a market cap of $13.7 billion and is part of the

services

sector and

diversified services

industry. Shares are up 13.1% year to date as of the close of trading on Thursday.

The Western Union Company provides money transfer and payment services worldwide. The company has a P/E ratio of 14.7, below the average diversified services industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates The Western Union as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

The Western Union Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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