Discover Financial Services Stock Hits New 52-Week High (DFS)

NEW YORK ( TheStreet) -- Discover Financial Services (NYSE: DFS) hit a new 52-week high Friday as it is currently trading at $49.75, above its previous 52-week high of $49.71 with 1.9 million shares traded as of 2:20 p.m. ET. Average volume has been 4.3 million shares over the past 30 days.

Discover Financial Services has a market cap of $23.56 billion and is part of the financial sector and financial services industry. Shares are up 25.4% year to date as of the close of trading on Wednesday.

Discover Financial Services, a bank holding company, provides direct banking and payment services in the United States. It operates in two segments, Direct Banking and Payment Services.

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TheStreet Ratings rates Discover Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Discover Financial Services Ratings Report.

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