Ann Reaches New 52-Week High (ANN)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- Ann (NYSE: ANN) hit a new 52-week high Monday as it is currently trading at $34.71, above its previous 52-week high of $34.38 with 206,389 shares traded as of 9:40 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Ann has a market cap of $1.37 billion and is part of the services sector and retail industry. Shares are up 12.3% year to date as of the close of trading on Friday.

ANN INC., together with its subsidiaries, operates as a retailer of women's apparel, shoes, and accessories in the United States. It offers a range of career and casual separates, dresses, tops, weekend wear, shoes, and accessories under the Ann Taylor and LOFT brands. The company has a P/E ratio of 16.5, above the average retail industry P/E ratio of 16.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ann as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, solid stock price performance and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Ann Ratings Report.

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