Moody's Reaches New 52-Week High (MCO)

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) -- Moody's Corporation (NYSE: MCO) hit a new 52-week high Tuesday as it is currently trading at $68.53, above its previous 52-week high of $68.46 with 116,578 shares traded as of 9:51 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.

Moody's has a market cap of $15.14 billion and is part of the services sector and diversified services industry. Shares are up 35% year to date as of the close of trading on Monday.

Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Moody's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and solid stock price performance. 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 Moody's Ratings Report.

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