Virgin Media (Nasdaq:VMED) hit a new 52-week high Wednesday as it changed hands at $27.94 compared with its previous 52-week high of $27.92. Virgin Media is currently trading at $27.91 with 110,626 shares changing hands as of 9:37 a.m..
NEW YORK ( TheStreet) -- Virgin Media (Nasdaq: VMED) hit a new 52-week high Wednesday as it traded at $27.94 compared with its previous 52-Week high of $27.92. Virgin Media is changing hands at $27.91 with 110,626 shares traded as of 9:37 a.m. ET. Average volume has been 3.4 million shares over the past 30 days. Virgin Media has a market cap of $8.8 billion and is part of the services sector and media industry. Shares are up 1.9% year to date as of the close of trading on Tuesday. Virgin Media Inc., through its subsidiaries, provides of entertainment and communications services in the United Kingdom. The company operates through three segments: Consumer, Business, and Content. TheStreet Ratings rates Virgin Media as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and disappointing return on equity. You can view the full Virgin Media Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.