Morgan Stanley Reaches New 52-Week High (MS)

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) -- Morgan Stanley (NYSE: MS) hit a new 52-week high Friday as it is currently trading at $23.16, above its previous 52-week high of $23.03 with 4.6 million shares traded as of 10:06 a.m. ET. Average volume has been 20.6 million shares over the past 30 days.

Morgan Stanley has a market cap of $45.37 billion and is part of the financial sector and financial services industry. Shares are up 20.2% year to date as of the close of trading on Thursday.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company has a P/E ratio of 14.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Morgan Stanley as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and growth in earnings per share. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Morgan Stanley Ratings Report.

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