HSN Reaches New 52-Week High (HSNI)

NEW YORK ( TheStreet) -- HSN (Nasdaq: HSNI) hit a new 52-week high Wednesday as it is currently trading at $40.33, above its previous 52-week high of $40.29 with 134,111 shares traded as of 12:46 p.m. ET. Average volume has been 409,800 shares over the past 30 days.

HSN has a market cap of $2.2 billion and is part of the services sector and specialty retail industry. Shares are up 5.4% year to date as of the close of trading on Tuesday.

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 17.9, 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, impressive record of earnings per share growth, compelling growth in net income, revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full HSN Ratings Report.

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