Global Cash Access Reaches New 52-Week High (GCA)

NEW YORK ( TheStreet) -- Global Cash Access Holdings (NYSE: GCA) hit a new 52-week high Thursday as it is currently trading at $6.61, above its previous 52-week high of $6.60 with 1.4 million shares traded as of 3:15 p.m. ET. Average volume has been 740,300 shares over the past 30 days.

Global Cash Access has a market cap of $351.3 million and is part of the financial sector and financial services industry. Shares are up 35.3% year to date as of the close of trading on Wednesday.

Global Cash Access Holdings, Inc., through its subsidiaries, provides cash access and data intelligence services and solutions to the gaming industry in the United States and internationally. The company has a P/E ratio of 13.7, below the average financial services industry P/E ratio of 71.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Global Cash Access as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Global Cash Access Ratings Report.

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