Scripps Networks Interactive Stock Hits New 52-Week High (SNI)

NEW YORK ( TheStreet) -- Scripps Networks Interactive (NYSE: SNI) hit a new 52-week high Thursday as it is currently trading at $71.60, above its previous 52-week high of $71.58 with 38,085 shares traded as of 10:06 a.m. ET. Average volume has been 770,700 shares over the past 30 days.

Scripps Networks Interactive has a market cap of $7.95 billion and is part of the services sector and media industry. Shares are up 22.6% year to date as of the close of trading on Wednesday.

Scripps Networks Interactive, Inc. develops lifestyle-oriented content for television and the Internet markets in the United States and internationally. It delivers entertaining and useful content that focuses on specifically defined topics of interest for audiences and advertisers.

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TheStreet Ratings rates Scripps Networks Interactive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, 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 Scripps Networks Interactive Ratings Report.

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