TripAdvisor Reaches New 52-Week High (TRIP)

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) -- TripAdvisor (Nasdaq: TRIP) hit a new 52-week high Friday as it is currently trading at $54.87, above its previous 52-week high of $54.80 with 277,354 shares traded as of 10:26 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.

TripAdvisor has a market cap of $6.78 billion and is part of the technology sector and internet industry. Shares are up 24.3% year to date as of the close of trading on Thursday.

TripAdvisor, Inc., an online travel company, provides trip advisory services. The company has a P/E ratio of 38, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates TripAdvisor as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and solid stock price performance. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full TripAdvisor Ratings Report.

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