Wal-Mart Stores Reaches New 52-Week High (WMT)

NEW YORK ( TheStreet) -- Wal-Mart Stores Inc (NYSE: WMT) hit a new 52-week high Thursday as it is currently trading at $57.90, above its previous 52-week high of $57.90 with 5.7 million shares traded as of 12:06 p.m. ET. Average volume has been 15.1 million shares over the past 30 days.

Wal-Mart Stores has a market cap of $196.3 billion and is part of the services sector and retail industry. Shares are up 6.4% year to date as of the close of trading on Wednesday.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company's Walmart U.S. The company has a P/E ratio of 12.9, above the average retail industry P/E ratio of 12.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Wal-Mart Stores Ratings Report.

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