NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $20.59, above its previous 52-week high of $20.57 with 77,852 shares traded as of 10:05 a.m. ET. Average volume has been 371,000 shares over the past 30 days.
Ultrapar has a market cap of $10.72 billion and is part of the
industry. Shares are up 15.7% year to date as of the close of trading on Tuesday.
Ultrapar Holdings Inc., through its subsidiaries, operates in the petrochemicals industry. The company has a P/E ratio of 46.9, above the average energy industry P/E ratio of 19.8 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 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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