NEW YORK (
) 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
industry. Shares are up 4.6% year to date as of the close of trading on Monday.
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.
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TheStreet Ratings rates Reynolds American as a
. 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
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