Expedia (Nasdaq:EXPE) hit a new 52-week high Friday as it is currently trading at $64.88, above its previous 52-week high of $64.81 with 527,202 shares traded as of 11:30 a.m. ET. Average volume has been two 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 $64.88, above its previous 52-week high of $64.81 with 527,202 shares traded as of 11:30 a.m. ET. Average volume has been two million shares over the past 30 days. Expedia has a market cap of $7.64 billion and is part of the services sector and leisure industry. Shares are up 1.9% 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 24.5, 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 solid stock price performance, revenue growth, notable return on equity, attractive valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Expedia Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.