Tesoro Stock Hits New 52-Week High (TSO) - TheStreet

NEW YORK (

TheStreet

) --

Tesoro Corporation

(NYSE:

TSO

) hit a new 52-week high Friday as it traded at $21.83 compared with its previous 52-Week high of $21.77. Tesoro is changing hands at $21.77 with 105,396 shares traded as of 9:32 a.m. ET. Average volume has been 5.2 million shares over the past 30 days. Tesoro has a market cap of $3 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 16% year to date as of the close of trading on Thursday.

Tesoro Corporation engages in refining and marketing petroleum products. It operates in two segments, Refining and Retail. The Refining segment processes both heavy and light crude oils and produces primarily gasoline and gasoline blendstocks, jet fuel, diesel fuel, and heavy fuel oils.

TheStreet Ratings rates Tesoro as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full

Tesoro Ratings Report

.

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