Geo Group Stock Hits New 52-Week High (GEO)

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) -- Geo Group (NYSE: GEO) hit a new 52-week high Tuesday as it is currently trading at $35.23, above its previous 52-week high of $35.20 with 127,247 shares traded as of 10:49 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Geo Group has a market cap of $2.46 billion and is part of the services sector and diversified services industry. Shares are up 23% year to date as of the close of trading on Monday.

The GEO Group, Inc. provides government-outsourced services specializing in the management of correctional, detention, mental health, residential treatment, and re-entry facilities in the United States, Australia, South Africa, the United Kingdom, and Canada. The company has a P/E ratio of 14.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Geo Group as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Geo Group Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

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