Charming Shoppes Reaches New 52-Week High (CHRS)

NEW YORK ( TheStreet) -- Charming Shoppes (Nasdaq: CHRS) hit a new 52-week high Thursday as it is currently trading at $7.34, above its previous 52-week high of $7.32 with 1.8 million shares traded as of 10:15 a.m. ET. Average volume has been 4.1 million shares over the past 30 days.

Charming Shoppes has a market cap of $852.6 million and is part of the services sector and retail industry. Shares are up 49.2% year to date as of the close of trading on Wednesday.

Charming Shoppes, Inc. operates as a specialty apparel retailer primarily for women in the United States. The company operates retail stores and related e-commerce Web sites under the LANE BRYANT, CACIQUE, LANE BRYANT OUTLET, FASHION BUG, FASHION BUG PLUS, and CATHERINES PLUS SIZES brand names.

TheStreet Ratings rates Charming Shoppes as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that revenues have generally been declining. You can view the full Charming Shoppes Ratings Report.

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