NEW YORK ( TheStreet) -- Omega Healthcare Investors (NYSE: OHI) hit a new 52-week high Monday as it traded at $23.97 compared with its previous 52-Week high of $23.95. Omega Healthcare Investors is changing hands at $23.97 with 1.2 million shares traded as of 4 p.m. ET. Average volume has been 805,300 shares over the past 30 days.

Omega Healthcare Investors has a market cap of $2.2 billion and is part of the financial sector and real estate industry. Shares are up 3.8% year to date as of the close of trading on Friday.

Omega Healthcare Investors, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in healthcare facilities, principally long-term healthcare facilities in the United States. The company has a P/E ratio of 43.4, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Omega Healthcare Investors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Omega Healthcare Investors Ratings Report.

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