Maximus Reaches New 52-Week High (MMS)

NEW YORK ( TheStreet) -- Maximus (NYSE: MMS) hit a new 52-week high Wednesday as it is currently trading at $45.50, above its previous 52-week high of $45.48 with 112,572 shares traded as of 3:40 p.m. ET. Average volume has been 211,200 shares over the past 30 days.

Maximus has a market cap of $1.5 billion and is part of the services sector and diversified services industry. Shares are up 9.8% year to date as of the close of trading on Tuesday.

MAXIMUS, Inc. provides business process outsourcing services to government health and human services agencies in the United States, Australia, Canada, and the United Kingdom. The company has a P/E ratio of 19.4, below the average diversified services industry P/E ratio of 19.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Maximus 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, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Maximus Ratings Report.

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