Comcast Stock Hits New 52-Week High (CMCSK)

NEW YORK ( TheStreet) -- Comcast (Nasdaq: CMCSK) hit a new 52-week high Thursday as it is currently trading at $26.10, above its previous 52-week high of $26.09 with 780,758 shares traded as of 10:20 a.m. ET. Average volume has been 3.7 million shares over the past 30 days.

Comcast has a market cap of $15.69 billion and is part of the services sector and media industry. Shares are up 10.5% year to date as of the close of trading on Wednesday.

Comcast Corporation, together with its subsidiaries, provides entertainment, information, and communications products and services in the United States and internationally. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Comcast Ratings Report.

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