KKR Stock Hits New 52-Week High (KKR)

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) -- KKR (NYSE: KKR) hit a new 52-week high Wednesday as it is currently trading at $20.23, above its previous 52-week high of $20 with 1.3 million shares traded as of 12 p.m. ET. Average volume has been 2.6 million shares over the past 30 days.

KKR has a market cap of $5.07 billion and is part of the financial sector and financial services industry. Shares are up 28.7% year to date as of the close of trading on Tuesday.

Kohlberg Kravis Roberts & Co. is a private equity investment firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, and middle market investments. The company has a P/E ratio of 8.8, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates KKR as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full KKR Ratings Report.

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