GameStop Stock Hits New 52-Week High (GME)

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) -- GameStop (NYSE: GME) hit a new 52-week high Tuesday as it is currently trading at $26.28, above its previous 52-week high of $26.21 with 1.3 million shares traded as of 12:01 p.m. ET. Average volume has been 3.3 million shares over the past 30 days.

GameStop has a market cap of $3.15 billion and is part of the services sector and retail industry. Shares are up 5.9% year to date as of the close of trading on Monday.

GameStop Corp. operates as a video game retailer. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates GameStop as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full GameStop Ratings Report.

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