Susquehanna Stock Hits New 52-Week High (SUSQ)

NEW YORK ( TheStreet) -- Susquehanna (Nasdaq: SUSQ) hit a new 52-week high Thursday as it is currently trading at $9.98, above its previous 52-week high of $9.89 with 2.1 million shares traded as of 3:40 p.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Susquehanna has a market cap of $1.44 billion and is part of the financial sector and banking industry. Shares are up 14.7% year to date as of the close of trading on Wednesday.

Susquehanna Bancshares, Inc., through its subsidiaries, provides retail and commercial banking, and financial services in the mid-Atlantic region. The company has a P/E ratio of 24.4, below the average banking industry P/E ratio of 25.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Susquehanna as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Susquehanna Ratings Report.

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