Capital One Financial Reaches New 52-Week High (COF)

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) -- Capital One Financial (NYSE: COF) hit a new 52-week high Friday as it is currently trading at $59.78, above its previous 52-week high of $59.74 with 105,927 shares traded as of 9:35 a.m. ET. Average volume has been 4.4 million shares over the past 30 days.

Capital One Financial has a market cap of $34.06 billion and is part of the financial sector and financial services industry. Shares are up 40.8% year to date as of the close of trading on Thursday.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA), and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. The company has a P/E ratio of 10.5, below the average financial services industry P/E ratio of 10.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Capital One Financial Ratings Report.

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