Sempra Energy Reaches New 52-Week High (SRE)

Sempra Energy (NYSE:SRE) hit a new 52-week high Monday as it is currently trading at $84.94, above its previous 52-week high of $84.85 with 274,576 shares traded as of 11:06 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Sempra Energy

(NYSE:

SRE

) hit a new 52-week high Monday as it is currently trading at $84.94, above its previous 52-week high of $84.85 with 274,576 shares traded as of 11:06 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Sempra Energy has a market cap of $20.24 billion and is part of the utilities sector and utilities industry. Shares are up 17.1% year to date as of the close of trading on Friday.

Sempra Energy, through its subsidiaries, operates as an energy services company. The company's San Diego Gas & Electric Company segment is involved in the generation, transmission, and distribution electricity; and sale, distribution, and transportation of natural gas in California.

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TheStreet Ratings rates

Sempra Energy

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Sempra Energy Ratings Report

.

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52-week high stocks

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