Yelp Reaches New 52-Week High (YELP)

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) -- Yelp (NYSE: YELP) hit a new 52-week high Thursday as it is currently trading at $35.38, above its previous 52-week high of $32.88 with 64,213 shares traded as of 9:31 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.

Yelp has a market cap of $968 million and is part of the technology sector and internet industry. Shares are up 85% year to date as of the close of trading on Wednesday.

Yelp, Inc. operates Yelp.com, an online urban city guide that helps people find places to eat, shop, drink, relax, and play based on the informed opinions of a community of locals in the know.

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TheStreet Ratings rates Yelp as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full Yelp Ratings Report.

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