NEW YORK (

TheStreet

) --

CH Energy Group

(NYSE:

CHG

) hit a new 52-week high Wednesday as it is currently trading at $59.45, above its previous 52-week high of $59.38 with 10,946 shares traded as of 2:05 p.m. ET. Average volume has been 52,400 shares over the past 30 days.

CH Energy Group has a market cap of $874.2 million and is part of the

utilities

sector and

utilities

industry. Shares are up 21% year to date as of the close of trading on Tuesday.

CH Energy Group, Inc., through its subsidiaries, Central Hudson Gas & Electric Corporation and Central Hudson Enterprises Corporation engages in electric and regulated natural gas utility and fuel distribution businesses in the United States. The company has a P/E ratio of 22.7, above the average utilities industry P/E ratio of 16 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CH Energy Group as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

CH Energy Group Ratings Report

.

See all

52-week high stocks

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