NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $48.47, above its previous 52-week high of $48.45 with 789,366 shares traded as of 11:15 a.m. ET. Average volume has been 4.4 million shares over the past 30 days.
Southern has a market cap of $41.18 billion and is part of the
industry. Shares are up 3.9% year to date as of the close of trading on Thursday.
The Southern Company operates as an electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources. The company has a P/E ratio of 19, below the average utilities industry P/E ratio of 19.2 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 Southern as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full
52-week high stocks
or get investment ideas from our