Tree.com Inc. Sets New 1-Year High at $26.89 (TREE)
Tree.com (NASDAQ:TREE) set a new 52-week high during trading on Tuesday, ARN reports. The stock traded as high as $26.89 and last traded at $26.65, with a volume of 228,539 shares. The stock had previously closed at $26.26.
Separately, analysts at Needham & Company initiated coverage on shares of Tree.com (NASDAQ:TREE) in a research note to investors on Thursday, September 12th. They set a “buy” rating and a $31.00 price target on the stock.
Tree.com has a 52 week low of $13.02 and a 52 week high of $26.84. The stock has a 50-day moving average of $24.60 and a 200-day moving average of $20.33. The company has a market cap of $299.1 million and a P/E ratio of 27.50.
Tree.com, Inc (NASDAQ:TREE) is the parent of LendingTree, LLC and is the parent of several companies owned by LendingTree, LLC, including Home Loan Center, Inc LendingTree, Inc Tree.
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