NASDAQ OMX Group Stock Hits New 52-Week High (NDAQ)

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) -- NASDAQ OMX Group (Nasdaq: NDAQ) hit a new 52-week high Tuesday as it is currently trading at $32.46, above its previous 52-week high of $32.15 with 97,815 shares traded as of 9:35 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

NASDAQ OMX Group has a market cap of $5.23 billion and is part of the financial sector and financial services industry. Shares are up 28.2% year to date as of the close of trading on Monday.

The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates NASDAQ OMX Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full NASDAQ OMX Group Ratings Report.

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