CME Group (Nasdaq:CME) hit a new 52-week high Monday as it is currently trading at $61.02, above its previous 52-week high of $60.92 with 1.8 million shares traded as of 2:46 p.m. ET. Average volume has been 2.3 million shares over the past 30 days.
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) -- CME Group (Nasdaq: CME) hit a new 52-week high Monday as it is currently trading at $61.02, above its previous 52-week high of $60.92 with 1.8 million shares traded as of 2:46 p.m. ET. Average volume has been 2.3 million shares over the past 30 days. CME Group has a market cap of $19.89 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. CME Group Inc. operates the CME, CBOT, NYMEX and COMEX futures exchanges worldwide. The company provides a range of products across various asset classes, such as interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather, and real estate. The company has a P/E ratio of 22.1, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full CME Group Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.