Omnicom Group Stock Hits New 52-Week High (OMC)

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) -- Omnicom Group (NYSE: OMC) hit a new 52-week high Friday as it is currently trading at $60.80, above its previous 52-week high of $60.79 with one million shares traded as of 2:35 p.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Omnicom Group has a market cap of $15.33 billion and is part of the services sector and media industry. Shares are up 19.6% year to date as of the close of trading on Thursday.

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services in the Americas, Europe, the Middle East, Africa, and the Asia pacific. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Omnicom Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Omnicom Group Ratings Report.

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