NEW YORK (

TheStreet

) --

CVR Energy

(NYSE:

CVI

) hit a new 52-week high Friday as it is currently trading at $30.26, above its previous 52-week high of $30.25 with 843,328 shares traded as of 12:30 p.m. ET. Average volume has been 2.3 million shares over the past 30 days.

CVR Energy has a market cap of $2.62 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 61.3% year to date as of the close of trading on Thursday.

CVR Energy, Inc., together with its subsidiaries, engages in refining and marketing transportation fuels in the United States. The company also produces and markets nitrogen fertilizer products. It operates through two segments, Petroleum and Nitrogen Fertilizer. The company has a P/E ratio of 7.7, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates CVR Energy as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

CVR Energy Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null