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) -- Costco Wholesale Corporation (Nasdaq: COST) hit a new 52-week high Wednesday as it is currently trading at $106.10, above its previous 52-week high of $106.01 with 613,037 shares traded as of 11:46 a.m. ET. Average volume has been 2.2 million shares over the past 30 days. Costco Wholesale has a market cap of $46.02 billion and is part of the services sector and retail industry. Shares are up 7.3% year to date as of the close of trading on Tuesday. Costco Wholesale Corporation engages in the operation of membership warehouses. The company offers branded and private-label products in a range of merchandise categories. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7.
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