IHS Reaches New 52-Week High (IHS)

NEW YORK ( TheStreet) -- IHS (NYSE: IHS) hit a new 52-week high Monday as it is currently trading at $111.73, above its previous 52-week high of $111.66 with 153,381 shares traded as of 2:25 p.m. ET. Average volume has been 433,600 shares over the past 30 days.

IHS has a market cap of $7.2 billion and is part of the technology sector and computer software & services industry. Shares are up 26.8% year to date as of the close of trading on Friday.

IHS Inc. provides critical information and insight products and services. The company has a P/E ratio of 55, above the average computer software & services industry P/E ratio of 54.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates IHS as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full IHS Ratings Report.

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