General Electric Reaches New 52-Week High (GE)

General Electric (NYSE:GE) hit a new 52-week high Friday as it is currently trading at $24.74, above its previous 52-week high of $24.45 with 25.6 million shares traded as of 9:46 a.m. ET. Average volume has been 40.6 million shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

General Electric

(NYSE:

GE

) hit a new 52-week high Friday as it is currently trading at $24.74, above its previous 52-week high of $24.45 with 25.6 million shares traded as of 9:46 a.m. ET. Average volume has been 40.6 million shares over the past 30 days.

General Electric has a market cap of $243.41 billion and is part of the industrial goods sector and industrial industry. Shares are up 12.6% year to date as of the close of trading on Thursday.

General Electric Company operates as an infrastructure and financial services company worldwide.

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TheStreet Ratings rates

General Electric

as a

buy

. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, increase in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full

General Electric Ratings Report

.

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52-week high stocks

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