Skip to main content

NEW YORK (

TheStreet

) --

Reynolds American

(NYSE:

RAI

) hit a new 52-week high Tuesday as it is currently trading at $43.68, above its previous 52-week high of $43.67 with two million shares traded as of 9:45 a.m. ET. Average volume has been 2.8 million shares over the past 30 days.

Reynolds American has a market cap of $24.76 billion and is part of the

consumer goods

sector and

tobacco

industry. Shares are up 4.6% year to date as of the close of trading on Monday.

TheStreet Recommends

Reynolds American Inc., through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company has a P/E ratio of 19.4, above the average tobacco industry P/E ratio of 19.1 and above the S&P 500 P/E ratio of 17.7.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

TheStreet Ratings rates Reynolds American as a

buy

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures 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

Reynolds American Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null