NEW YORK (

TheStreet

) --

CH Energy Group Inc

(NYSE:

CHG

) hit a new 52-week high Wednesday as it is currently trading at $56.02, above its previous 52-week high of $55.23 with 10,483 shares traded as of 10:13 a.m. ET. Average volume has been 52,000 shares over the past 30 days.

CH Energy Group has a market cap of $819.3 million and is part of the

utilities

sector and

utilities

industry. Shares are up 11.8% year to date as of the close of trading on Tuesday.

TheStreet Recommends

CH Energy Group, Inc., through its subsidiaries, Central Hudson Gas & Electric Corporation (Central Hudson) and Central Hudson Enterprises Corporation (CHEC) engages in the electric utility, natural gas utility, and fuel distribution business. The company has a P/E ratio of 25.4, above the average utilities industry P/E ratio of 16.4 and above the S&P 500 P/E ratio of 17.7.

  • Practice your CHG trading strategies and win cash in our stock game.

TheStreet Ratings rates CH Energy Group as a

buy

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

CH Energy Group Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null