BB&T Stock Hits New 52-Week High (BBT)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Thursday as it is currently trading at $29.85, above its previous 52-week high of $29.83 with 1.4 million shares traded as of 10:30 a.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 16.7% year to date as of the close of trading on Wednesday.
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 16.2, above the average banking industry P/E ratio of 15.2 and below the S&P 500 P/E ratio of 17.7.
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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, compelling growth in net income and increase in stock price during the past year. 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
.
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