NYSE Euronext Reaches New 52-Week High (NYX)

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) -- NYSE Euronext (NYSE: NYX) hit a new 52-week high Thursday as it is currently trading at $41.72, above its previous 52-week high of $41.59 with 19,085 shares traded as of 9:36 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

NYSE Euronext has a market cap of $9.94 billion and is part of the financial sector and financial services industry. Shares are up 32.1% year to date as of the close of trading on Wednesday.

NYSE Euronext, through its subsidiaries, operates securities exchanges. It operates various stock exchanges, including the New York Stock Exchange (NYSE), NYSE Arca, Inc., and NYSE MKT LLC in the United States; and European based exchanges comprising Euronext N.V. The company has a P/E ratio of 26.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates NYSE Euronext as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full NYSE Euronext Ratings Report.

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