Virgin Media (Nasdaq:VMED) hit a new 52-week high Wednesday as it is currently trading at $30.15, above its previous 52-week high of $30.14 with 2.3 million shares traded as of 1:05 p.m. ET. Average volume has been 2.9 million shares over the past 30 days.
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) -- Virgin Media (Nasdaq: VMED) hit a new 52-week high Wednesday as it is currently trading at $30.15, above its previous 52-week high of $30.14 with 2.3 million shares traded as of 1:05 p.m. ET. Average volume has been 2.9 million shares over the past 30 days. Virgin Media has a market cap of $7.97 billion and is part of the services sector and media industry. Shares are up 39.9% year to date as of the close of trading on Tuesday. Virgin Media Inc., through its subsidiaries, provides entertainment and communications services in the United Kingdom.
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TheStreet Ratings rates Virgin Media as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full Virgin Media Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.