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 Thursday as it is currently trading at $61.34, above its previous 52-week high of $61.33 with 3.1 million shares traded as of 3:15 p.m. ET. Average volume has been 4.5 million shares over the past 30 days.

Capital One Financial has a market cap of $34.86 billion and is part of the financial sector and financial services industry. Shares are up 42.4% year to date as of the close of trading on Wednesday.

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, 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Capital One Financial Ratings Report.

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