NEW YORK (

TheStreet

) --

EQT Corporation

(NYSE:

EQT

) hit a new 52-week high Monday as it traded at $49.25 compared with its previous 52-Week high of $49.24. EQT is changing hands at $49.22 with 811,761 shares traded as of 3:51 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.

EQT has a market cap of $7.1 billion and is part of the

utilities

sector and

utilities

industry. Shares are up 8.7% year to date as of the close of trading on Friday.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. The company operates in three segments: EQT Production, EQT Midstream, and Distribution. The company has a P/E ratio of 30.4, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, compelling growth in net income and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

EQT Ratings Report

.

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