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) -- NetSpend Holdings (Nasdaq: NTSP) hit a new 52-week high Friday as it is currently trading at $15.99, above its previous 52-week high of $15.98 with 422,736 shares traded as of 3:45 p.m. ET. Average volume has been 1.9 million shares over the past 30 days. NetSpend has a market cap of $1.11 billion and is part of the services sector and diversified services industry. Shares are up 35.1% year to date as of the close of trading on Thursday. NetSpend Holdings, Inc., together with its subsidiaries, provides general purpose reloadable (GPR) prepaid debit and payroll cards, and alternative financial service solutions to underbanked and other consumers in the United States. The company has a P/E ratio of 72.6, above the S&P 500 P/E ratio of 17.7.
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