Elizabeth Arden Reaches New 52-Week High (RDEN)

NEW YORK ( TheStreet) -- Elizabeth Arden (Nasdaq: RDEN) hit a new 52-week high Tuesday as it is currently trading at $39.34, above its previous 52-week high of $39.32 with 83,258 shares traded as of 1:45 p.m. ET. Average volume has been 186,300 shares over the past 30 days.

Elizabeth Arden has a market cap of $1.06 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 3.1% year to date as of the close of trading on Monday.

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 21.1, below the average consumer non-durables industry P/E ratio of 23.4 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Elizabeth Arden Ratings Report.

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