Nash-Finch Stock Hits New 52-Week High (NAFC)

NEW YORK ( TheStreet) -- Nash-Finch Company (Nasdaq: NAFC) hit a new 52-week high Thursday as it traded at $44.42 compared with its previous 52-Week high of $44.17. Nash-Finch is changing hands at $44.22 with 12,803 shares traded as of 9:37 a.m. ET. Average volume has been 60,000 shares over the past 30 days.

Nash-Finch has a market cap of $482.1 million and is part of the services sector and wholesale industry. Shares are down 8.3% year to date as of the close of trading on Wednesday.

Nash Finch Company operates as a food distribution company. Its Food Distribution segment sells and distributes various nationally branded and private label grocery products and perishable food products to approximately 1,700 independent retail locations in 28 states across the United States.

TheStreet Ratings rates Nash-Finch as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year 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 Nash-Finch Ratings Report.

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