NEW YORK ( TheStreet) -- Choice Hotels International (NYSE: CHH) hit a new 52-week high Friday as it traded at $41.29 compared with its previous 52-Week high of $41.19. Choice Hotels International is changing hands at $41.29 with 44,317 shares traded as of 11:30 a.m. ET. Average volume has been 112,000 shares over the past 30 days. Choice Hotels International has a market cap of $2.4 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 Thursday.

Choice Hotels International, Inc. and subsidiaries operate as a hotel franchisor worldwide. The company has a P/E ratio of 22.5, below the average leisure industry P/E ratio of 22.8 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Choice Hotels International 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, solid stock price performance, impressive record of earnings per share growth and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Choice Hotels International Ratings Report.

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