NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $18.99, above its previous 52-week high of $18.96 with 35,887 shares traded as of 9:35 a.m. ET. Average volume has been 389,100 shares over the past 30 days.
Ultrapar has a market cap of $9.66 billion and is part of the
industry. Shares are up 8.9% year to date as of the close of trading on Wednesday.
Ultrapar Holdings Inc., through its subsidiaries, operates in the petrochemicals industry. The company has a P/E ratio of 43.8, above the average energy industry P/E ratio of 17.9 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Ultrapar as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, notable return on equity and solid stock price performance. 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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