NEW YORK (

TheStreet

) --

Barnes Group

(NYSE:

B

) hit a new 52-week high Friday as it is currently trading at $25.90, above its previous 52-week high of $25.85 with 547,346 shares traded as of 3:39 p.m. ET. Average volume has been 346,600 shares over the past 30 days.

Barnes Group has a market cap of $1.34 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 4.4% year to date as of the close of trading on Thursday.

Barnes Group Inc. The company has a P/E ratio of 18.6, above the average industrial industry P/E ratio of 18.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Barnes Group as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, good cash flow from operations and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Barnes Group Ratings Report

.

See all

52-week high stocks

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