NEW YORK ( TheStreet) -- CB Richard Ellis Group (NYSE: CBG) hit a new 52-week high Wednesday as it traded at $25.84 compared with its previous 52-Week high of $25.68. CB Richard Ellis Group is changing hands at $25.69 with 589,784 shares traded as of 10:05 a.m. ET. Average volume has been 3.4 million shares over the past 30 days. CB Richard Ellis Group has a market cap of $8 billion and is part of the financial sector and real estate industry. Shares are up 24.7% year to date as of the close of trading on Tuesday. CB Richard Ellis Group, Inc., through its subsidiaries, operates as a commercial real estate services firm worldwide. The company has a P/E ratio of 41.2, above the average real estate industry P/E ratio of 39.2 and above the S&P 500 P/E ratio of 17.3. TheStreet Ratings rates CB Richard Ellis Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally poor debt management. You can view the full CB Richard Ellis Group Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.
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