Newell Rubbermaid Stock Hits New 52-Week High (NWL)
Newell Rubbermaid (NYSE:NWL) hit a new 52-week high Wednesday as it changed hands at $20.10 compared with its previous 52-week high of $20.02. Newell Rubbermaid is currently trading at $20.07 with 95,086 shares changing hands as of 9:42 a.m..
NEW YORK ( TheStreet) -- Newell Rubbermaid (NYSE: NWL) hit a new 52-week high Wednesday as it traded at $20.10 compared with its previous 52-Week high of $20.02. Newell Rubbermaid is changing hands at $20.07 with 95,086 shares traded as of 9:42 a.m. ET. Average volume has been 3.3 million shares over the past 30 days. Newell Rubbermaid has a market cap of $5.8 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 9.4% year to date as of the close of trading on Tuesday. Newell Rubbermaid Inc. designs, manufactures, sources, packages, and distributes consumer and commercial products. It operates in three segments: Home & Family; Office Products; and Tools, Hardware & Commercial Products. The company has a P/E ratio of 13.1, below the average consumer durables industry P/E ratio of 20.8 and below the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Newell Rubbermaid as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full Newell Rubbermaid Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.