Yahoo Stock Hits New 52-Week High (YHOO)

NEW YORK ( TheStreet) -- Yahoo (Nasdaq: YHOO) hit a new 52-week high Monday as it is currently trading at $36.69, above its previous 52-week high of $36.66 with 1.6 million shares traded as of 9:46 a.m. ET. Average volume has been 19.7 million shares over the past 30 days.

Yahoo has a market cap of $36.82 billion and is part of the technology sector and internet industry. Shares are up 83.4% year to date as of the close of trading on Friday.

Yahoo! Inc., a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide. The company has a P/E ratio of 30.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Yahoo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins, good cash flow from operations and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Yahoo Ratings Report.

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