Education Management Reaches New 52-Week High (EDMC)

NEW YORK ( TheStreet) -- Education Management Corporation (Nasdaq: EDMC) hit a new 52-week high Friday as it is currently trading at $29.72, above its previous 52-week high of $29 with 17,215 shares traded as of 10:10 a.m. ET. Average volume has been 165,100 shares over the past 30 days.

Education Management has a market cap of $3.65 billion and is part of the services sector and diversified services industry. Shares are up 56.5% year to date as of the close of trading on Thursday.

Education Management Corporation provides post-secondary education in North America. The company has a P/E ratio of 17.5, below the average diversified services industry P/E ratio of 17.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Education Management as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share. You can view the full Education Management Ratings Report.

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