NeuStar Reaches New 52-Week High (NSR)

NEW YORK ( TheStreet) -- NeuStar (NYSE: NSR) hit a new 52-week high Friday as it is currently trading at $34.94, above its previous 52-week high of $34.78 with 60,749 shares traded as of 10:25 a.m. ET. Average volume has been 645,400 shares over the past 30 days.

NeuStar has a market cap of $2.47 billion and is part of the technology sector and telecommunications industry. Shares are up 1.1% year to date as of the close of trading on Thursday.

Neustar, Inc. provides technology and directory services to its communications service provider (carrier) and non-carrier, commercial business customers primarily in North America, Europe, and the Middle East. The company operates in two segments: Carrier Services and Enterprise Services. The company has a P/E ratio of 21.5, above the average telecommunications industry P/E ratio of 15.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NeuStar as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full NeuStar Ratings Report.

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