DISH Network Stock Hits New 52-Week High (DISH)

NEW YORK ( TheStreet) -- DISH Network (Nasdaq: DISH) hit a new 52-week high Wednesday as it is currently trading at $32.69, above its previous 52-week high of $32.56 with two million shares traded as of 3 p.m. ET. Average volume has been 3.6 million shares over the past 30 days.

DISH Network has a market cap of $5.99 billion and is part of the services sector and media industry. Shares are up 10.4% year to date as of the close of trading on Tuesday.

DISH Network Corporation, together with its subsidiaries, provides direct broadcast satellite subscription television services in the United States. The company has a P/E ratio of 9.3, above the average media industry P/E ratio of 8.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates DISH Network as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full DISH Network Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing