NEW YORK ( TheStreet) -- Domino's Pizza (NYSE: DPZ) hit a new 52-week high Wednesday as it traded at $17.32 compared with its previous 52-Week high of $17.28. Domino's Pizza is changing hands at $17.32 with 378,913 shares traded as of 1:46 p.m. ET. Average volume has been 778,200 shares over the past 30 days. Domino's Pizza has a market cap of $1 billion and is part of the services sector and leisure industry. Shares are up 6.1% year to date as of the close of trading on Tuesday.

Domino's Pizza, Inc., through its subsidiaries, operates as a pizza delivery company in the United States and internationally. The company sells and delivers pizzas under the Domino's Pizza brand name. The company has a P/E ratio of 9.7, below the average leisure industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Domino's Pizza as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Domino's Pizza Ratings Report.

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