NEW YORK ( TheStreet) -- ViewPoint Financial Group (Nasdaq: VPFG) hit a new 52-week high Wednesday as it is currently trading at $15.79, above its previous 52-week high of $15.77 with 2,816 shares traded as of 9:34 a.m. ET. Average volume has been 229,700 shares over the past 30 days.

ViewPoint Financial Group has a market cap of $516.7 million and is part of the financial sector and financial services industry. Shares are up 19.8% year to date as of the close of trading on Tuesday.

ViewPoint Financial Group, Inc. operates as the holding company for ViewPoint Bank, which provides financial services for consumers and businesses. Its deposit products include checking, savings, money market, demand accounts, and certificates of deposit. The company has a P/E ratio of 18.9, equal to the average financial services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates ViewPoint Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full ViewPoint Financial Group Ratings Report.

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