Walt Disney Company (NYSE:DIS) hit a new 52-week high Thursday as it changed hands at $44.12 compared with its previous 52-week high of $44.05. Walt Disney is currently trading at $44.07 with 4.2 million shares changing hands as of 11:26 a.m..
NEW YORK ( TheStreet) -- Walt Disney Company (NYSE: DIS) hit a new 52-week high Thursday as it traded at $44.12 compared with its previous 52-Week high of $44.05. Walt Disney is changing hands at $44.07 with 4.2 million shares traded as of 11:26 a.m. ET. Average volume has been 9.8 million shares over the past 30 days. Walt Disney has a market cap of $81.6 billion and is part of the services sector and media industry. Shares are up 15.4% year to date as of the close of trading on Wednesday. The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company has a P/E ratio of 18.9, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 21.5. TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Walt Disney Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.