HSN Stock Hits New 52-Week High (HSNI)

NEW YORK ( TheStreet) -- HSN (Nasdaq: HSNI) hit a new 52-week high Friday as it is currently trading at $39.21, above its previous 52-week high of $38.85 with 167,244 shares traded as of 11:19 a.m. ET. Average volume has been 389,500 shares over the past 30 days.

HSN has a market cap of $2.21 billion and is part of the services sector and specialty retail industry. Shares are up 6.1% year to date as of the close of trading on Thursday.

HSN, Inc. markets and sells a range of third party and private label merchandise primarily in the United States. The company has a P/E ratio of 18.6, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates HSN as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full HSN Ratings Report.

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