Goldman Sachs Group Reaches New 52-Week High (GS)

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) -- Goldman Sachs Group (NYSE: GS) hit a new 52-week high Monday as it is currently trading at $152.62, above its previous 52-week high of $152.50 with 1.6 million shares traded as of 11:51 a.m. ET. Average volume has been 4.1 million shares over the past 30 days.

Goldman Sachs Group has a market cap of $70.61 billion and is part of the financial sector and financial services industry. Shares are up 17.8% year to date as of the close of trading on Friday.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as a range of financial services to corporations, financial institutions, governments and high-net-worth individuals worldwide. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, solid stock price performance and impressive record of earnings per share growth. 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 Goldman Sachs Group Ratings Report.

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