MWI Veterinary Supply Reaches New 52-Week High (MWIV)

NEW YORK ( TheStreet) -- MWI Veterinary Supply (Nasdaq: MWIV) hit a new 52-week high Thursday as it is currently trading at $98, above its previous 52-week high of $96.68 with 9,908 shares traded as of 9:55 a.m. ET. Average volume has been 55,700 shares over the past 30 days.

MWI Veterinary Supply has a market cap of $1.19 billion and is part of the services sector and wholesale industry. Shares are up 42.4% year to date as of the close of trading on Wednesday.

MWI Veterinary Supply, Inc., together with its subsidiaries, engages in the distribution of animal health products to veterinarians in the United States and the United Kingdom. The company has a P/E ratio of 26.2, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates MWI Veterinary Supply as a buy. The company's strengths can be seen in multiple areas, such as its robust 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 MWI Veterinary Supply Ratings Report.

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