Interline Stock Hits New 52-Week High (IBI)

NEW YORK ( TheStreet) -- Interline Brands (NYSE: IBI) hit a new 52-week high Monday as it is currently trading at $22.50, above its previous 52-week high of $22.48 with 36,287 shares traded as of 12:48 p.m. ET. Average volume has been 196,400 shares over the past 30 days.

Interline has a market cap of $549.9 million and is part of the services sector and wholesale industry. Shares are up 40.4% year to date as of the close of trading on Friday.

Interline Brands, Inc., together with its subsidiaries, operates as a direct marketer and distributor of maintenance, repair, and operations products in the United States, Canada, and Central America. The company has a P/E ratio of 19.7, above the average wholesale industry P/E ratio of 18.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Interline 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 attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Interline Ratings Report.

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