NEW YORK (
) hit a new 52-week high Monday as it traded at $53.16 compared with its previous 52-Week high of $53.13. Nicor is changing hands at $53.15 with 68,051 shares traded as of 10:56 a.m. ET. Average volume has been 555,600 shares over the past 30 days.
Nicor has a market cap of $2.4 billion and is part of the
industry. Shares are up 5.3% year to date as of the close of trading on Friday.
Nicor Inc., through its subsidiaries, engages in natural gas distribution business in the United States. The company distributes natural gas to approximately 2.2 million residential, commercial, and industrial customers in northern Illinois. The company has a P/E ratio of 17.2, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 22.6.
TheStreet Ratings rates Nicor as a buy. Among the primary strengths of the company is its solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
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