NASDAQ OMX Group Reaches New 52-Week High (NDAQ)

NEW YORK ( TheStreet) -- NASDAQ OMX Group (Nasdaq: NDAQ) hit a new 52-week high Thursday as it is currently trading at $34.10, above its previous 52-week high of $33.50 with 44,940 shares traded as of 9:35 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.

NASDAQ OMX Group has a market cap of $5.51 billion and is part of the financial sector and financial services industry. Shares are up 33.1% year to date as of the close of trading on Wednesday.

The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide.

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TheStreet Ratings rates NASDAQ OMX Group 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, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full NASDAQ OMX Group Ratings Report.

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