SBA Stock Hits New 52-Week High (SBAC)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Thursday as it is currently trading at $46.57, above its previous 52-week high of $46.56 with 854,279 shares traded as of 2:40 p.m. ET. Average volume has been one million shares over the past 30 days.
SBA has a market cap of $4.89 billion and is part of the
sector and
industry. Shares are up 5.8% year to date as of the close of trading on Wednesday.
SBA Communications Corporation owns and operates wireless communications towers primarily in the United States, Canada, Costa Rica, El Salvador, and Panama.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates SBA as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and generally poor debt management. You can view the full
.
See all
52-week high stocks
or get investment ideas from our
.
null
