Hudson City Bancorp (Nasdaq:HCBK) hit a new 52-week high Thursday as it is currently trading at $8.10, above its previous 52-week high of $8.08 with 173,012 shares traded as of 9:46 a.m. ET. Average volume has been 8.2 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) -- Hudson City Bancorp (Nasdaq: HCBK) hit a new 52-week high Thursday as it is currently trading at $8.10, above its previous 52-week high of $8.08 with 173,012 shares traded as of 9:46 a.m. ET. Average volume has been 8.2 million shares over the past 30 days. Hudson City has a market cap of $4.2 billion and is part of the financial sector and banking industry. Shares are up 28.8% year to date as of the close of trading on Wednesday. Hudson City Bancorp, Inc. operates as the bank holding company of Hudson City Savings Bank that provides retail banking services in the United States.
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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.