Limited Stock Hits New 52-Week High (LTD)

NEW YORK ( TheStreet) -- Limited Brands (NYSE: LTD) hit a new 52-week high Thursday as it is currently trading at $49.99, above its previous 52-week high of $49.96 with 886,719 shares traded as of 1:55 p.m. ET. Average volume has been 2.9 million shares over the past 30 days.

Limited has a market cap of $14.13 billion and is part of the services sector and retail industry. Shares are up 22.6% year to date as of the close of trading on Wednesday.

Limited Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty, and personal care products and accessories primarily in the United States and Canada. The company has a P/E ratio of 17.8, equal to the average retail industry P/E ratio 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, notable return on equity, expanding profit margins and solid stock price performance. 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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