IntercontinentalExchange Stock Hits New 52-Week High (ICE)

NEW YORK ( TheStreet) -- IntercontinentalExchange (NYSE: ICE) hit a new 52-week high Friday as it is currently trading at $186.74, above its previous 52-week high of $185.95 with 264,490 shares traded as of 12:11 p.m. ET. Average volume has been 682,600 shares over the past 30 days.

IntercontinentalExchange has a market cap of $13.28 billion and is part of the financial sector and financial services industry. Shares are up 50.1% year to date as of the close of trading on Thursday.

IntercontinentalExchange, Inc. operates regulated global markets and clearing houses primarily in the United States, the United Kingdom, Canada, and Brazil.

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TheStreet Ratings rates IntercontinentalExchange as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full IntercontinentalExchange Ratings Report.

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