NEW YORK ( TheStreet) -- Interpublic Group of Cos (NYSE: IPG) hit a new 52-week high Friday as it is currently trading at $15.04, above its previous 52-week high of $14.99 with 767,523 shares traded as of 12:05 p.m. ET. Average volume has been 4.4 million shares over the past 30 days.

Interpublic Group of Cos has a market cap of $6.29 billion and is part of the services sector and media industry. Shares are up 34.9% year to date as of the close of trading on Wednesday.

The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide. The company operates in two segments, Integrated Agency Networks and Constituency Management Group.

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TheStreet Ratings rates Interpublic Group of Cos as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Interpublic Group of Cos Ratings Report.

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