Hudson City Reaches New 52-Week High (HCBK)

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) -- Hudson City Bancorp (Nasdaq: HCBK) hit a new 52-week high Monday as it is currently trading at $7.96, above its previous 52-week high of $7.95 with two million shares traded as of 2:56 p.m. ET. Average volume has been 7.8 million shares over the past 30 days.

Hudson City has a market cap of $4.15 billion and is part of the financial sector and banking industry. Shares are up 25.6% year to date as of the close of trading on Friday.

Hudson City Bancorp, Inc. operates as the bank holding company of Hudson City Savings Bank that provides retail banking services in the United States.

  • 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 Hudson City as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share. You can view the full Hudson City 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.
null

If you liked this article you might like

For Banks, Era of 'Too Big to Fail' Is Also Era of 'Too Small to Succeed'

4 Stocks With Most Elite Dividend-Grower Status

Hudson City (HCBK) Stock Falls After M&T Bank Merger Wins Fed Approval

Hudson City Bancorp (HCBK) Stocks Falls After Fed Approves M&T Bank Merger

Hudson City Bancorp (HCBK) Stock Up After Fed Approves M&T Bank Acquisition