NEW YORK (

TheStreet

) --

Ameren

(NYSE:

AEE

) hit a new 52-week high Wednesday as it is currently trading at $30.15, above its previous 52-week high of $30.14 with 1.2 million shares traded as of 12:10 p.m. ET. Average volume has been 2.1 million shares over the past 30 days.

Ameren has a market cap of $7.2 billion and is part of the

utilities

sector and

utilities

industry. Shares are up 5.7% year to date as of the close of trading on Tuesday.

Ameren Corporation, through its subsidiaries, operates as a public utility company in Missouri and Illinois, the United States. The company has a P/E ratio of 78.8, below the average utilities industry P/E ratio of 80.9 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ameren as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Ameren Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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