Limited Reaches New 52-Week High (LTD)

NEW YORK ( TheStreet) -- Limited Brands (NYSE: LTD) hit a new 52-week high Wednesday as it is currently trading at $48.01, above its previous 52-week high of $47.80 with 1.3 million shares traded as of 12 p.m. ET. Average volume has been 3.5 million shares over the past 30 days.

Limited has a market cap of $12.39 billion and is part of the services sector and retail industry. Shares are up 17.1% year to date as of the close of trading on Tuesday.

Limited Brands, Inc. operates as a retailer of women's intimate and other apparel, beauty and personal care products, and accessories in the United States and Canada. The company has a P/E ratio of 18.1, above the average retail industry P/E ratio of 14.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Limited as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Limited Ratings Report.

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