NEW YORK (

TheStreet

) --

UniSource Energy Corporation

(NYSE:

UNS

) hit a new 52-week high Tuesday as it traded at $36.94 compared with its previous 52-Week high of $36.92. UniSource Energy is changing hands at $36.94 with 36,041 shares traded as of 10:26 a.m. ET. Average volume has been 214,800 shares over the past 30 days.

UniSource Energy has a market cap of $1.3 billion and is part of the

utilities

sector and

utilities

industry. Shares are up 1.7% year to date as of the close of trading on Monday.

UniSource Energy Corporation, through its subsidiaries, operates as an electric utility in Arizona. It operates through three segments: TEP, UNS Gas, and UNS Electric. The company has a P/E ratio of 12.7, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 21.8.

TheStreet Ratings rates UniSource Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year, expanding profit margins and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

UniSource Energy Ratings Report

.

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