Google Reaches New 52-Week High (GOOG)

NEW YORK ( TheStreet) -- Google (Nasdaq: GOOG) hit a new 52-week high Monday as it is currently trading at $924.07, above its previous 52-week high of $923 with 57,017 shares traded as of 9:31 a.m. ET. Average volume has been 2.3 million shares over the past 30 days.

Google has a market cap of $249.5 billion and is part of the technology sector and internet industry. Shares are up 30.1% year to date as of the close of trading on Friday.

Google Inc., a technology company, builds products and provides services to organize the information and make it universally accessible and useful.

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TheStreet Ratings rates Google as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Google Ratings Report.

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