NEW YORK ( TheStreet) -- TAL International Group Incorporated (NYSE: TAL) hit a new 52-week high Friday as it is currently trading at $40.43, above its previous 52-week high of $40.17 with 42,760 shares traded as of 9:40 a.m. ET. Average volume has been 415,900 shares over the past 30 days. TAL International Group has a market cap of $1.32 billion and is part of the services sector and diversified services industry. Shares are up 38.6% year to date as of the close of trading on Thursday. TAL International Group, Inc. engages in leasing intermodal containers and chassis worldwide. The company operates in two segments, Equipment Leasing and Equipment Trading. The company has a P/E ratio of 11.8, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates TAL International Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full TAL International Group Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.