Six Flags Entertainment Stock Hits New 52-Week High (SIX)

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) -- Six Flags Entertainment (NYSE: SIX) hit a new 52-week high Thursday as it is currently trading at $79.42, above its previous 52-week high of $79.36 with 108,771 shares traded as of 12:15 p.m. ET. Average volume has been 468,800 shares over the past 30 days.

Six Flags Entertainment has a market cap of $3.79 billion and is part of the services sector and leisure industry. Shares are up 28.3% year to date as of the close of trading on Wednesday.

Six Flags Entertainment Corporation owns and operates regional theme, water, and zoological parks. The company's parks offer various state-of-the-art and traditional thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Six Flags Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and compelling growth in net income. 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 Six Flags Entertainment Ratings Report.

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