Directv Stock Hits New 52-Week High (DTV)

NEW YORK ( TheStreet) -- Directv (Nasdaq: DTV) hit a new 52-week high Tuesday as it traded at $44.64 compared with its previous 52-Week high of $44.61. Directv is changing hands at $44.60 with 960,856 shares traded as of 10:21 a.m. ET. Average volume has been 6.8 million shares over the past 30 days.

Directv has a market cap of $36.9 billion and is part of the services sector and media industry. Shares are up 10.9% year to date as of the close of trading on Friday.

DIRECTV provides digital television entertainment in the United States and Latin America. The company provides direct-to-home (DTH) digital television services, as well as multi-channel video programming distribution services in the United States. The company has a P/E ratio of 28.6, above the average media industry P/E ratio of 25.8 and above the S&P 500 P/E ratio of 23.2.

TheStreet Ratings rates Directv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. 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 Directv Ratings Report.

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