Moody's Reaches New 52-Week High (MCO)

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) -- Moody's Corporation (NYSE: MCO) hit a new 52-week high Monday as it is currently trading at $54.49, above its previous 52-week high of $54.48 with 282,244 shares traded as of 11:46 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.

Moody's has a market cap of $12.03 billion and is part of the services sector and diversified services industry. Shares are up 6.6% year to date as of the close of trading on Friday.

Moody's Corporation, through its subsidiaries, provides credit ratings, research, and analysis covering fixed-income securities, other debt instruments, and the entities that issue such instruments in the global capital markets. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Moody's as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth, growth in earnings per share, increase in net income and expanding profit margins. 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 Moody's Ratings Report.

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