Electronic Arts Reaches New 52-Week High (EA)

NEW YORK ( TheStreet) -- Electronic Arts (Nasdaq: EA) hit a new 52-week high Friday as it is currently trading at $23.69, above its previous 52-week high of $23.66 with 426,810 shares traded as of 11:01 a.m. ET. Average volume has been 4.7 million shares over the past 30 days.

Electronic Arts has a market cap of $7.2 billion and is part of the technology sector and computer software & services industry. Shares are up 62% year to date as of the close of trading on Wednesday.

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet.

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TheStreet Ratings rates Electronic Arts as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Electronic Arts Ratings Report.

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