NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $28.51, above its previous 52-week high of $28.46 with 12.2 million shares traded as of 2:05 p.m. ET. Average volume has been 16.5 million shares over the past 30 days.
Lowe's Companies has a market cap of $33.67 billion and is part of the
industry. Shares are up 9.2% year to date as of the close of trading on Tuesday.
Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer. The company offers a range of products for maintenance, repair, remodeling, home decorating, and property maintenance. The company has a P/E ratio of 19.1, below the average retail industry P/E ratio of 23.2 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates Lowe's Companies as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
52-week high stocks
or get investment ideas from our