Elizabeth Arden Reaches New 52-Week High (RDEN)

NEW YORK ( TheStreet) -- Elizabeth Arden (Nasdaq: RDEN) hit a new 52-week high Wednesday as it is currently trading at $37.09, above its previous 52-week high of $36.85 with 272,822 shares traded as of 2:40 p.m. ET. Average volume has been 182,000 shares over the past 30 days.

Elizabeth Arden has a market cap of $951 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 48.6% year to date as of the close of trading on Tuesday.

Elizabeth Arden, Inc., a beauty products company, engages in the manufacture, distribution, marketing, and sale of fragrances, skin care, and cosmetic products to retailers and other outlets worldwide. The company has a P/E ratio of 21.9, above the average consumer non-durables industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Elizabeth Arden as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Elizabeth Arden Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday

Target Slumps After Q1 Earnings Miss as Comparable Sales Slow, Traffic Improves

Target Slumps After Q1 Earnings Miss as Comparable Sales Slow, Traffic Improves

Pound Slides as Inflation Slows, Doubts Grow Over Bank of England Rate Hikes

Pound Slides as Inflation Slows, Doubts Grow Over Bank of England Rate Hikes