Ball Reaches New 52-Week High (BLL)

Ball Corporation (NYSE:BLL) hit a new 52-week high Wednesday as it is currently trading at $40.58, above its previous 52-week high of $40.55 with 915,992 shares traded as of 1:10 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Ball Corporation

(NYSE:

BLL

) hit a new 52-week high Wednesday as it is currently trading at $40.58, above its previous 52-week high of $40.55 with 915,992 shares traded as of 1:10 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Ball has a market cap of $6.14 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 9.9% year to date as of the close of trading on Tuesday.

Ball Corporation, together with its subsidiaries, supplies metal packaging to the beverage, food, and household products industries worldwide. The company has a P/E ratio of 14.4, above the average consumer non-durables industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Ball as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Ball Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null

Loading ...