Callaway Reaches New 52-Week High (ELY)

NEW YORK ( TheStreet) -- Callaway Golf Company (NYSE: ELY) hit a new 52-week high Friday as it is currently trading at $7.21, above its previous 52-week high of $7.20 with 667,726 shares traded as of 3:20 p.m. ET. Average volume has been 451,300 shares over the past 30 days.

Callaway has a market cap of $402.3 million and is part of the consumer goods sector and consumer durables industry. Shares are up 26.2% year to date as of the close of trading on Thursday.

Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs and golf balls. The company's golf clubs include drivers, fairway woods, hybrids, irons, wedges, and putters.

TheStreet Ratings rates Callaway as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Callaway Ratings Report.

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