Papa John's International Reaches New 52-Week High (PZZA)

NEW YORK ( TheStreet) -- Papa John's International (Nasdaq: PZZA) hit a new 52-week high Friday as it is currently trading at $39.01, above its previous 52-week high of $39 with 32,887 shares traded as of 10:50 a.m. ET. Average volume has been 191,700 shares over the past 30 days.

Papa John's International has a market cap of $936 million and is part of the services sector and leisure industry. Shares are up 3.1% year to date as of the close of trading on Thursday.

Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the United States. The company also operates dine-in and restaurant-based delivery restaurants in certain international markets. The company has a P/E ratio of 18.6, above the average leisure industry P/E ratio of 18.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Papa John's International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Papa John's International Ratings Report.

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