NEW YORK ( TheStreet) -- Collective Brands (NYSE: PSS) hit a new 52-week high Tuesday as it is currently trading at $21.35, above its previous 52-week high of $21.34 with 4.1 million shares traded as of 4:01 p.m. ET. Average volume has been 2.2 million shares over the past 30 days.

Collective has a market cap of $1.29 billion and is part of the services sector and retail industry. Shares are up 47.9% year to date as of the close of trading on Monday.

Collective Brands, Inc. engages in the provision of footwear and related accessories worldwide.

TheStreet Ratings rates Collective as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Collective Ratings Report.

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