Yandex Stock Hits New 52-Week High (YNDX)

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) -- Yandex (Nasdaq: YNDX) hit a new 52-week high Friday as it is currently trading at $26.04, above its previous 52-week high of $25.97 with 606,654 shares traded as of 9:51 a.m. ET. Average volume has been 2.8 million shares over the past 30 days.

Yandex has a market cap of $5.9 billion and is part of the technology sector and internet industry. Shares are up 17.7% year to date as of the close of trading on Thursday.

Yandex N.V., an Internet and technology company, operates an Internet search engine in Russia and internationally. The company has a P/E ratio of 31.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Yandex as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and robust revenue growth. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year. You can view the full Yandex Ratings Report.

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