PSS World Medical Stock Hits New 52-Week High (PSSI)

NEW YORK ( TheStreet) -- PSS World Medical (Nasdaq: PSSI) hit a new 52-week high Monday as it traded at $26.64 compared with its previous 52-Week high of $26.60. PSS World Medical is changing hands at $26.64 with 451,952 shares traded as of four p.m. ET. Average volume has been 507,800 shares over the past 30 days.

PSS World Medical has a market cap of $1.4 billion and is part of the services sector and wholesale industry. Shares are up 15.1% year to date as of the close of trading on Friday.

PSS World Medical, Inc., together with its subsidiaries, distributes medical products and equipment, pharmaceutical products, healthcare information technology, and billing services to alternate-site healthcare providers in the United States. The company has a P/E ratio of 20.8, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 15.8.
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TheStreet Ratings rates PSS World Medical as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures 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 PSS World Medical Ratings Report.

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