NEW YORK (

TheStreet

) --

Wisconsin Energy Corporation

(NYSE:

WEC

) hit a new 52-week high Thursday as it is currently trading at $33.40, above its previous 52-week high of $33.35 with 882,762 shares traded as of 1:56 p.m. ET. Average volume has been 2.1 million shares over the past 30 days.

Wisconsin Energy has a market cap of $7.6 billion and is part of the

utilities

sector and

utilities

industry. Shares are up 10.4% year to date as of the close of trading on Wednesday.

Wisconsin Energy Corporation engages in the generation, distribution, and sale of electric energy and steam. The company also involves in the purchase, distribution, and sale of natural gas to retail customers, as well as in the transportation of customer-owned natural gas in Wisconsin. The company has a P/E ratio of 15.1, above the average utilities industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Wisconsin Energy as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Wisconsin Energy Ratings Report

.

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