NEW YORK ( TheStreet) -- Moog (NYSE: MOG.A) hit a new 52-week high Friday as it traded at $45.19 compared with its previous 52-Week high of $45.01. Moog is changing hands at $45.19 with 66,919 shares traded as of 2:31 p.m. ET. Average volume has been 153,100 shares over the past 30 days. Moog has a market cap of $1.8 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 11.8% year to date as of the close of trading on Thursday. Moog Inc. designs, manufactures, and integrates precision motion and fluid controls, and control systems worldwide. The company's Aircraft Controls segment offers primary and secondary flight controls for military and commercial aircraft, as well as provides aftermarket support services. The company has a P/E ratio of 16.8, below the average aerospace/defense industry P/E ratio of 17 and below the S&P 500 P/E ratio of 23.5. TheStreet Ratings rates Moog as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Moog Ratings Report.