Charter Reaches New 52-Week High (CHTR)

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) -- Charter Communications (Nasdaq: CHTR) hit a new 52-week high Tuesday as it is currently trading at $86.41, above its previous 52-week high of $86.32 with 1.3 million shares traded as of 2:26 p.m. ET. Average volume has been 865,700 shares over the past 30 days.

Charter has a market cap of $8.59 billion and is part of the services sector and media industry. Shares are up 11.5% year to date as of the close of trading on Monday.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States.

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TheStreet Ratings rates Charter as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and disappointing return on equity. You can view the full Charter Ratings Report.

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