Omnicom Group Reaches New 52-Week High (OMC)

NEW YORK ( TheStreet) -- Omnicom Group (NYSE: OMC) hit a new 52-week high Wednesday as it is currently trading at $67.12, above its previous 52-week high of $67.04 with 482,048 shares traded as of 11:15 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Omnicom Group has a market cap of $17.17 billion and is part of the services sector and media industry. Shares are up 32.9% year to date as of the close of trading on Tuesday.

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services in the Americas, Europe, the Middle East, Africa, and the Asia pacific.

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TheStreet Ratings rates Omnicom Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Omnicom Group Ratings Report.

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