NEW YORK (

TheStreet

) --

United Parcel Service

(NYSE:

UPS

) hit a new 52-week high Wednesday as it is currently trading at $77.16, above its previous 52-week high of $77.00 with 4.4 million shares traded as of 2:40 p.m. ET. Average volume has been 4.1 million shares over the past 30 days.

United Parcel Service has a market cap of $54.27 billion and is part of the

services

sector and

transportation

industry. Shares are up 3.4% year to date as of the close of trading on Tuesday.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. The company has a P/E ratio of 18.5, above the average transportation industry P/E ratio of 18.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates United Parcel Service as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

United Parcel Service Ratings Report

.

See all

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