NEW YORK (

TheStreet

) --

BCE

(NYSE:

BCE

) hit a new 52-week high Monday as it traded at $37.09 compared with its previous 52-Week high of $37.06. BCE is changing hands at $37.08 with 459,570 shares traded as of 3:51 p.m. ET. Average volume has been 673,600 shares over the past 30 days.

BCE has a market cap of $27.1 billion and is part of the

technology

sector and

telecommunications

industry. Shares are up 2.8% year to date as of the close of trading on Friday.

BCE Inc. provides a suite of communication services to residential and business customers primarily in Canada. The company has a P/E ratio of 12.6, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates BCE as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

BCE Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

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