Virgin Media Reaches New 52-Week High (VMED)

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) -- Virgin Media (Nasdaq: VMED) hit a new 52-week high Thursday as it is currently trading at $34.52, above its previous 52-week high of $34.51 with 1.5 million shares traded as of 12:30 p.m. ET. Average volume has been 3.3 million shares over the past 30 days.

Virgin Media has a market cap of $9.13 billion and is part of the services sector and media industry. Shares are up 59.2% year to date as of the close of trading on Wednesday.

Virgin Media Inc., through its subsidiaries, provides entertainment and communications services in the United Kingdom. The company has a P/E ratio of -7.9, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Virgin Media as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Virgin Media Ratings Report.

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