BB&T Stock Hits New 52-Week High (BBT)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Tuesday as it is currently trading at $29.64, above its previous 52-week high of $29.60 with 6.2 million shares traded as of 2:30 p.m. ET. Average volume has been 5.3 million shares over the past 30 days.
BB&T has a market cap of $19.35 billion and is part of the
sector and
industry. Shares are up 14.5% year to date as of the close of trading on Monday.
BB&T Corporation operates as a financial holding company for Branch Banking and Trust Company that provides banking and trust services to individuals and businesses. The company has a P/E ratio of 15.9, above the average banking industry P/E ratio of 15.2 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 BB&T as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full
.
See all
52-week high stocks
or get investment ideas from our
.
null
