Cedar Fair Stock Hits New 52-Week High (FUN)

NEW YORK ( TheStreet) -- Cedar Fair (NYSE: FUN) hit a new 52-week high Friday as it is currently trading at $28.97, above its previous 52-week high of $28.92 with 16,008 shares traded as of 9:45 a.m. ET. Average volume has been 285,300 shares over the past 30 days.

Cedar Fair has a market cap of $1.37 billion and is part of the services sector and leisure industry. Shares are up 34.2% year to date as of the close of trading on Thursday.

Cedar Fair, L.P. owns and operates amusement and water parks in the United States and Canada. The company has a P/E ratio of 21.7, below the average leisure industry P/E ratio of 164.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cedar Fair as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Cedar Fair Ratings Report.

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