Thomson Reuters Corporation (NYSE:TRI) hit a new 52-week high Thursday as it is currently trading at $32.97, above its previous 52-week high of $32.90 with 114,210 shares traded as of 10:05 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.
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) -- Thomson Reuters Corporation (NYSE: TRI) hit a new 52-week high Thursday as it is currently trading at $32.97, above its previous 52-week high of $32.90 with 114,210 shares traded as of 10:05 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Thomson Reuters has a market cap of $27.06 billion and is part of the technology sector and computer software & services industry. Shares are up 12.9% year to date as of the close of trading on Wednesday. Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. It sells electronic content and services to professionals, primarily on a subscription basis. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Thomson Reuters as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Thomson Reuters Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.