Expedia (Nasdaq:EXPE) hit a new 52-week high Friday as it is currently trading at $60.75, above its previous 52-week high of $60.29 with 549,965 shares traded as of 10 a.m. ET. Average volume has been three 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) -- Expedia (Nasdaq: EXPE) hit a new 52-week high Friday as it is currently trading at $60.75, above its previous 52-week high of $60.29 with 549,965 shares traded as of 10 a.m. ET. Average volume has been three million shares over the past 30 days. Expedia has a market cap of $7.22 billion and is part of the services sector and leisure industry. Shares are up 105.7% year to date as of the close of trading on Thursday. Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. The company has a P/E ratio of 23.1, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Expedia as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Expedia Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.