Crown Holdings (NYSE:CCK) hit a new 52-week high Wednesday as it changed hands at $38.21 compared with its previous 52-week high of $38.19. Crown is currently trading at $38.09 with 74,130 shares changing hands as of 10:05 a.m..
NEW YORK ( TheStreet) -- Crown Holdings (NYSE: CCK) hit a new 52-week high Wednesday as it traded at $38.21 compared with its previous 52-Week high of $38.19. Crown is changing hands at $38.09 with 74,130 shares traded as of 10:05 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Crown has a market cap of $6 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 13.4% year to date as of the close of trading on Tuesday. Crown Holdings, Inc. engages in the design, manufacture, and sale of packaging products for consumer goods. The company has a P/E ratio of 16.9, below the average consumer non-durables industry P/E ratio of 18.9 and below the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Crown as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and poor profit margins. You can view the full Crown Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.