IHS Reaches New 52-Week High (IHS)

NEW YORK ( TheStreet) -- IHS (NYSE: IHS) hit a new 52-week high Friday as it is currently trading at $95.82, above its previous 52-week high of $95.52 with 13,586 shares traded as of 10:20 a.m. ET. Average volume has been 173,300 shares over the past 30 days.

IHS has a market cap of $5.94 billion and is part of the technology sector and computer software & services industry. Shares are up 10.3% year to date as of the close of trading on Thursday.

IHS Inc. provides critical information and insight products and services. The company has a P/E ratio of 45.6, above the average computer software & services industry P/E ratio of 44.2 and above the S&P 500 P/E ratio of 17.7.

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

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