NEW YORK (

TheStreet

) --

CMS Energy Corporation

(NYSE:

CMS

) hit a new 52-week high Wednesday as it traded at $19.79 compared with its previous 52-Week high of $19.78. CMS Energy is changing hands at $19.78 with 611,160 shares traded as of 11:32 a.m. ET. Average volume has been 3.1 million shares over the past 30 days.

CMS Energy has a market cap of $4.9 billion and is part of the

utilities

sector and

utilities

industry. Shares are up 4.6% year to date as of the close of trading on Tuesday.

CMS Energy Corporation, through its subsidiaries, operates as an energy company primarily in Michigan. It operates in three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity. The company has a P/E ratio of 14.2, below the average utilities industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 16.1.

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TheStreet Ratings rates CMS Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

CMS Energy Ratings Report

.

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