Leucadia Reaches New 52-Week High (LUK)

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) -- Leucadia National Corporation (NYSE: LUK) hit a new 52-week high Wednesday as it is currently trading at $30.05, above its previous 52-week high of $29.98 with 79,034 shares traded as of 9:30 a.m. ET. Average volume has been 2.1 million shares over the past 30 days.

Leucadia has a market cap of $7.15 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 25.8% year to date as of the close of trading on Tuesday.

Leucadia National Corporation engages in beef processing, manufacturing, gaming entertainment, real estate activities, medical product development, and winery operations in the United States and internationally. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Leucadia as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Leucadia Ratings Report.

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