NEW YORK (

TheStreet

) --

Weyerhaeuser

(NYSE:

WY

) hit a new 52-week high Friday as it is currently trading at $23.88, above its previous 52-week high of $23.84 with 3.7 million shares traded as of 1:05 p.m. ET. Average volume has been 4.6 million shares over the past 30 days.

Weyerhaeuser has a market cap of $12.24 billion and is part of the

financial

sector and

real estate

industry. Shares are up 22.7% year to date as of the close of trading on Thursday.

Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. The company has a P/E ratio of 45.6, above the average real estate industry P/E ratio of 44.7 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Weyerhaeuser as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full

Weyerhaeuser Ratings Report

.

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