Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $54.46, above its previous 52-week high of $54.43 with 16,688 shares traded as of 9:40 a.m. ET. Average volume has been 705,400 shares over the past 30 days.
Rosetta has a market cap of $2.78 billion and is part of the basic materials sector and energy industry. Shares are up 16.8% year to date as of the close of trading on Tuesday.
Rosetta Resources Inc., an independent exploration and production company, engages in the acquisition, exploration, development, and production of onshore oil and gas resources in the United States. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Rosetta as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, notable return on equity, expanding profit margins and reasonable valuation levels. 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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