Dollar General Stock Hits New 52-Week High (DG)

NEW YORK ( TheStreet) -- Dollar General Corporation (NYSE: DG) hit a new 52-week high Friday as it is currently trading at $47.65, above its previous 52-week high of $47.62 with 2.2 million shares traded as of 1:50 p.m. ET. Average volume has been 2.2 million shares over the past 30 days.

Dollar General has a market cap of $15.67 billion and is part of the services sector and retail industry. Shares are up 12.5% year to date as of the close of trading on Thursday.

Dollar General Corporation operates as a discount retailer primarily in the southern, southwestern, midwestern, and eastern United States. The company has a P/E ratio of 20.9, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Dollar General as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Dollar General Ratings Report.

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