BioMed Reaches New 52-Week High (BMR)

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) -- BioMed Realty (NYSE: BMR) hit a new 52-week high Monday as it is currently trading at $22.38, above its previous 52-week high of $22.31 with 30,981 shares traded as of 9:31 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

BioMed has a market cap of $3.44 billion and is part of the financial sector and real estate industry. Shares are up 15.3% year to date as of the close of trading on Friday.

BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT) that focuses on providing real estate to the life science industry in the United States. The company has a P/E ratio of 289.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates BioMed as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full BioMed Ratings Report.

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