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.

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