Select Medical Reaches New 52-Week High (SEM)

NEW YORK ( TheStreet) -- Select Medical Holdings Corporation (NYSE: SEM) hit a new 52-week high Thursday as it is currently trading at $9.70, above its previous 52-week high of $9.66 with 649,485 shares traded as of 2:39 p.m. ET. Average volume has been 440,300 shares over the past 30 days.

Select Medical has a market cap of $1.3 billion and is part of the health care sector and health services industry. Shares are up 8.8% year to date as of the close of trading on Wednesday.

Select Medical Holdings Corporation, through its subsidiary, Select Medical Corporation, operates specialty hospitals and outpatient rehabilitation clinics in the United States. The company has a P/E ratio of 13.6, above the average health services industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 17.7.

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

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