Rogers Stock Hits New 52-Week High (ROG)

NEW YORK ( TheStreet) -- Rogers Corporation (NYSE: ROG) hit a new 52-week high Friday as it traded at $46.15 compared with its previous 52-Week high of $45.61. Rogers is changing hands at $46.15 with 36,383 shares traded as of 9:37 a.m. ET. Average volume has been 74,300 shares over the past 30 days. Rogers has a market cap of $670.2 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 10.7% year to date as of the close of trading on Thursday.

Rogers Corporation develops, manufactures, and distributes specialty material-based products and components for fabricators and contract manufacturers that produce components and products for original equipment manufacturers worldwide. The company has a P/E ratio of 22.2, above the average consumer non-durables industry P/E ratio of 21.7 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Rogers as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Rogers Ratings Report.

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