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 Monday as it is currently trading at $97.85, above its previous 52-week high of $90.95 with 955,963 shares traded as of 12:41 p.m. ET. Average volume has been 979,100 shares over the past 30 days.

Charter has a market cap of $9.12 billion and is part of the services sector and media industry. Shares are up 18.2% year to date as of the close of trading on Friday.

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, growth in earnings per share and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. You can view the full Charter Ratings Report.

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

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