Comcast Stock Hits New 52-Week High (CMCSK)

NEW YORK ( TheStreet) -- Comcast (Nasdaq: CMCSK) hit a new 52-week high Thursday as it is currently trading at $41.94, above its previous 52-week high of $41.88 with 804,916 shares traded as of 11:10 a.m. ET. Average volume has been 2.2 million shares over the past 30 days.

Comcast has a market cap of $20.17 billion and is part of the services sector and media industry. Shares are up 13.6% year to date as of the close of trading on Wednesday.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.

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TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Comcast Ratings Report.

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