Pharmacyclics Reaches New 52-Week High (PCYC)

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) -- Pharmacyclics Incorporated (Nasdaq: PCYC) hit a new 52-week high Wednesday as it is currently trading at $87.90, above its previous 52-week high of $87.82 with 541,545 shares traded as of 12:40 p.m. ET. Average volume has been 591,000 shares over the past 30 days.

Pharmacyclics has a market cap of $6.05 billion and is part of the health care sector and drugs industry. Shares are up 50.6% year to date as of the close of trading on Tuesday.

Pharmacyclics, Inc. operates as a clinical-stage biopharmaceutical company focusing on developing and commercializing small-molecule drugs for the treatment of cancer and immune mediated diseases. The company has a P/E ratio of 72.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Pharmacyclics as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins 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 Pharmacyclics Ratings Report.

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