NEW YORK (
) hit a new 52-week high Monday as it is currently trading at $46.88, above its previous 52-week high of $46.60 with 6,696 shares traded as of 9:39 a.m. ET. Average volume has been 193,400 shares over the past 30 days.
New Jersey has a market cap of $1.9 billion and is part of the
industry. Shares are up 6.9% year to date as of the close of trading on Friday.
New Jersey Resources Corporation provides retail and wholesale energy services. It operates in two segments, Natural Gas Distribution and Energy Services. The company has a P/E ratio of 17, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Practice your NJR trading strategies and win cash in our stock game.
TheStreet Ratings rates New Jersey as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, robust revenue growth, solid stock price performance, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
52-week high stocks
or get investment ideas from our