NEW YORK ( TheStreet) -- Stamps.com (Nasdaq: STMP) hit a new 52-week high Monday as it is currently trading at $24.34, above its previous 52-week high of $24.10 with 267,216 shares traded as of 12:30 p.m. ET. Average volume has been 183,900 shares over the past 30 days.

Stamps.com has a market cap of $317.9 million and is part of the services sector and retail industry.

Stamps.com Inc. provides Internet-based postage solutions.
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TheStreet Ratings rates Stamps.com as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels, solid stock price performance and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Stamps.com Ratings Report.

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