Hubbell Inc CL B Stock Hits New 52-Week High (HUB.B)

NEW YORK ( TheStreet) -- Hubbell Inc CL B (NYSE: HUB.B) hit a new 52-week high Monday as it traded at $66.28 compared with its previous 52-Week high of $66.20. Hubbell Inc CL B is changing hands at $66.19 with 27,383 shares traded as of 9:50 a.m. ET. Average volume has been 263,400 shares over the past 30 days. Hubbell Inc CL B has a market cap of $3.4 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 9.9% year to date as of the close of trading on Friday.

Hubbell Incorporated engages in the design, manufacture, and sale of electrical and electronic products in the United States and internationally. The company operates in two segments, Electrical and Power. The company has a P/E ratio of 18.1, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 23.5.

TheStreet Ratings rates Hubbell Inc CL B 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, reasonable valuation levels and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Hubbell Inc CL B Ratings Report.

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