Charter Stock Hits New 52-Week High (CHTR)

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) -- Charter Communications (Nasdaq: CHTR) hit a new 52-week high Friday as it is currently trading at $116.48, above its previous 52-week high of $116.42 with 945,280 shares traded as of 1:11 p.m. ET. Average volume has been one million shares over the past 30 days.

Charter has a market cap of $11.28 billion and is part of the services sector and media industry. Shares are up 45.4% year to date as of the close of trading on Thursday.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States.

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TheStreet Ratings rates Charter as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins. You can view the full Charter Ratings Report.

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