CBRE Group Reaches New 52-Week High (CBG)

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) -- CBRE Group (NYSE: CBG) hit a new 52-week high Thursday as it is currently trading at $21.17, above its previous 52-week high of $21.16 with 454,100 shares traded as of 11:16 a.m. ET. Average volume has been 2.6 million shares over the past 30 days.

CBRE Group has a market cap of $6.77 billion and is part of the financial sector and real estate industry. Shares are up 3.3% year to date as of the close of trading on Wednesday.

CBRE Group, Inc. operates as a commercial real estate services company worldwide. The company has a P/E ratio of 30.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CBRE Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and generally higher debt management risk. You can view the full CBRE Group Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

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