Chico's FAS (NYSE:CHS) hit a new 52-week high Wednesday as it is currently trading at $19.58, above its previous 52-week high of $19.43 with 493,102 shares traded as of 10:10 a.m. ET. Average volume has been 2.6 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) -- Chico's FAS (NYSE: CHS) hit a new 52-week high Wednesday as it is currently trading at $19.58, above its previous 52-week high of $19.43 with 493,102 shares traded as of 10:10 a.m. ET. Average volume has been 2.6 million shares over the past 30 days. Chico's FAS has a market cap of $3.11 billion and is part of the services sector and retail industry. Shares are up 72.2% year to date as of the close of trading on Tuesday. Chico's FAS, Inc., together with its subsidiaries, operates as a specialty retailer of private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items in the United States. The company has a P/E ratio of 19.7, above the average retail industry P/E ratio of 19.5 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Chico's FAS as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Chico's FAS 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.