PetSmart Stock Hits New 52-Week High (PETM)

NEW YORK ( TheStreet) -- PetSmart (Nasdaq: PETM) hit a new 52-week high Monday as it is currently trading at $72.78, above its previous 52-week high of $72.75 with 246,526 shares traded as of 11:05 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.

PetSmart has a market cap of $7.41 billion and is part of the services sector and specialty retail industry. Shares are up 5% year to date as of the close of trading on Friday.

PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada.

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

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