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) -- Costco Wholesale Corporation (Nasdaq: COST) hit a new 52-week high Wednesday as it is currently trading at $103.68, above its previous 52-week high of $103.51 with 1.1 million shares traded as of 10:05 a.m. ET. Average volume has been 1.5 million shares over the past 30 days. Costco Wholesale has a market cap of $43.82 billion and is part of the services sector and retail industry. Shares are up 19.6% year to date as of the close of trading on Tuesday. Costco Wholesale Corporation operates membership warehouses that offer a selection of branded and private label products in a range of merchandise categories in no-frills, self-service warehouse facilities. The company has a P/E ratio of 28.3, above the average retail industry P/E ratio of 28.2 and above the S&P 500 P/E ratio of 17.7.
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