WMS Reaches New 52-Week High (WMS)

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) -- WMS Industries (NYSE: WMS) hit a new 52-week high Monday as it is currently trading at $25.37, above its previous 52-week high of $25.34 with 166,031 shares traded as of 10:37 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.

WMS has a market cap of $1.38 billion and is part of the services sector and leisure industry. Shares are up 44.6% year to date as of the close of trading on Friday.

WMS Industries Inc., through its subsidiaries, engages in the design, manufacture, and distribution of games, video and mechanical reel-spinning gaming machines, and video lottery terminals (VLTs) for the legalized gaming industry worldwide. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates WMS as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and disappointing return on equity. You can view the full WMS Ratings Report.

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