Hot Topic Stock Hits New 52-Week High (HOTT)

NEW YORK ( TheStreet) -- Hot Topic (Nasdaq: HOTT) hit a new 52-week high Tuesday as it is currently trading at $10.66, above its previous 52-week high of $10.54 with 62,589 shares traded as of 9:40 a.m. ET. Average volume has been 446,100 shares over the past 30 days.

Hot Topic has a market cap of $315.6 million and is part of the services sector and retail industry. Shares are up 57.9% year to date as of the close of trading on Monday.

Hot Topic, Inc., together with its subsidiaries, operates as a mall- and Web-based specialty retailer in the United States. The company operates Hot Topic and Torrid store concepts, as well as an e-space music discovery concept, ShockHound.

TheStreet Ratings rates Hot Topic 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, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Hot Topic Ratings Report.

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