NEW YORK (
ITC Holdings Corporation
) hit a new 52-week high Thursday as it is currently trading at $71.20, above its previous 52-week high of $71.19 with 19,333 shares traded as of 9:41 a.m. ET. Average volume has been 184,000 shares over the past 30 days.
ITC has a market cap of $3.6 billion and is part of the
industry. Shares are up 14.4% year to date as of the close of trading on Wednesday.
ITC Holdings Corp., through its subsidiaries, engages in the transmission of electricity in the United States. The company has a P/E ratio of 24.8, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 16.9.
- Practice your ITC trading strategies and win cash in our stock game.
TheStreet Ratings rates ITC as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, expanding profit margins and solid stock price performance. 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
52-week high stocks
or get investment ideas from our