Jabil Circuit Stock Hits New 52-Week High (JBL)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Friday as it is currently trading at $23.88, above its previous 52-week high of $23.74 with 562,949 shares traded as of 10:30 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.
Jabil Circuit has a market cap of $4.85 billion and is part of the
sector and
industry. Shares are up 17.7% year to date as of the close of trading on Thursday.
Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions worldwide. The company has a P/E ratio of 13.1, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Jabil Circuit as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
.
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