NEW YORK ( TheStreet) -- Brush Engineered Materials (NYSE: BW) hit a new 52-week high Thursday as it traded at $40.63 compared with its previous 52-Week high of $40.11. Brush Engineered is changing hands at $40.15 with 116,061 shares traded as of 10:05 a.m. ET. Average volume has been 110,300 shares over the past 30 days. Brush Engineered has a market cap of $702.8 million and is part of the basic materials sector and metals & mining industry. Shares are down 10.8% year to date as of the close of trading on Wednesday. Brush Engineered Materials Inc. engages in the manufacture and sale of engineered materials for the telecommunications and computer, data storage, aerospace and defense, automotive electronics, industrial components, and appliance and medical markets in the United States and internationally. The company has a P/E ratio of 23.5, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 22.7. TheStreet Ratings rates Brush Engineered as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Brush Engineered Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.
More from Markets
Burlington Stores Chief Financial Officer Mark Katz Resigns
John Crimmins, executive vice president, finance and chief accounting officer, is appointed interim finance chief at the off-price retailer.
A Resilient Market Shrugs Off a Trio of Dramatic Events
The news on momentum stocks, bonds and oil has not roiled the market as many would expect.
Oil Prices, Saudi Attacks, GM, Purdue Pharma, Apple - 5 Things You Must Know
U.S. stock futures tumble as oil prices surge the most in more than two decades following an attack on two key Saudi Arabian oil facilities; Donald Trump says he will authorize the release of oil from the Strategic Petroleum Reserve if needed to keep the market supplied; General Motors slumps after the Auto Workers union goes on strike.
Brent Oil Went Up on Saudi Attacks, But Where Does It Go Now?
The problem with the oil market is not one of supply, it is one of demand.