Priceline.com Reaches New 52-Week High (PCLN)

NEW YORK ( TheStreet) -- Priceline.com (Nasdaq: PCLN) hit a new 52-week high Tuesday as it is currently trading at $849.24, above its previous 52-week high of $847.33 with 73,463 shares traded as of 9:40 a.m. ET. Average volume has been 698,400 shares over the past 30 days.

Priceline.com has a market cap of $41.38 billion and is part of the services sector and diversified services industry. Shares are up 33.3% year to date as of the close of trading on Monday.

priceline.com Incorporated operates as a online travel company. The company has a P/E ratio of 28.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Priceline.com as a buy. 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Priceline.com Ratings Report.

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