Virgin Media Reaches New 52-Week High (VMED)

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) -- Virgin Media (Nasdaq: VMED) hit a new 52-week high Tuesday as it is currently trading at $50.37, above its previous 52-week high of $50.33 with 331,889 shares traded as of 10:15 a.m. ET. Average volume has been 8.6 million shares over the past 30 days.

Virgin Media has a market cap of $13.55 billion and is part of the services sector and media industry. Shares are up 36.3% year to date as of the close of trading on Monday.

Virgin Media Inc., through its subsidiaries, provides entertainment and communications services in the United Kingdom.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Virgin Media as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Virgin Media 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.
null

If you liked this article you might like

5 Official Twitter Accounts to Follow for Hurricane Irma Updates

5 Top Twitter Accounts to Follow Hurricane Irma Destruction

Virgin Media Warns 800,000 Users to Change Network Passwords Over Possible Hack

Wake Up Wall Street: Mueller Investigates Obstruction of Justice

Virgin Media Boosts Broadband Packages in UK