NEW YORK (

TheStreet

) --

BCE

(NYSE:

BCE

) hit a new 52-week high Tuesday as it is currently trading at $40.43, above its previous 52-week high of $40.37 with 37,403 shares traded as of 9:36 a.m. ET. Average volume has been 582,000 shares over the past 30 days.

BCE has a market cap of $31 billion and is part of the

technology

sector and

telecommunications

industry. Shares are up 12.7% 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 14.9, above the average telecommunications industry P/E ratio of 14.5 and below the S&P 500 P/E ratio of 17.7.

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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, notable return on equity 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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