Sunday, February 17, 2013

Walt Disney Reaches New 52-Week High (DIS)

 Walt Disney (NYSE:DIS) hit a new 52-week high Friday as it is currently trading at $55.60, above its previous 52-week high of $55.50 with 16.5 million shares traded as of 3:51 p.m. ET. Average volume has been 8.6 million shares over the past 30 days.

Walt Disney has a market cap of $99.23 billion and is part of the services sector and media industry. Shares are up 10.4% year to date as of the close of trading on Thursday.

The Walt Disney Company operates as an entertainment company worldwide. Its Media Networks segment engages in broadcast television network, television production and distribution, television stations, broadcast radio networks and stations, and publishing and digital operations. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Walt Disney as a buy.

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