Foot Locker (NYSE:FL) hit a new 52-week high Thursday as it is currently trading at $37.37, above its previous 52-week high of $37.36 with 1.4 million shares traded as of 1:30 p.m. ET. Average volume has been 1.9 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) -- Foot Locker (NYSE: FL) hit a new 52-week high Thursday as it is currently trading at $37.37, above its previous 52-week high of $37.36 with 1.4 million shares traded as of 1:30 p.m. ET. Average volume has been 1.9 million shares over the past 30 days. Foot Locker has a market cap of $5.44 billion and is part of the services sector and retail industry. Shares are up 51.2% year to date as of the close of trading on Wednesday. Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. The company has a P/E ratio of 16.6, above the average retail industry P/E ratio of 16.5 and below the S&P 500 P/E ratio of 17.7.
ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
TheStreet Ratings rates Foot Locker 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Foot Locker 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.