Rogers Corporation (NYSE:ROG) hit a new 52-week high Monday as it changed hands at $47.93 compared with its previous 52-week high of $47.84. Rogers is currently trading at $47.86 with 5,285 shares changing hands as of 10:21 a.m..
NEW YORK ( TheStreet) -- Rogers Corporation (NYSE: ROG) hit a new 52-week high Monday as it traded at $47.93 compared with its previous 52-Week high of $47.84. Rogers is changing hands at $47.86 with 5,285 shares traded as of 10:21 a.m. ET. Average volume has been 87,900 shares over the past 30 days. Rogers has a market cap of $722.8 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 23.6% year to date as of the close of trading on Friday. 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 21.1, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 22.6. TheStreet Ratings rates Rogers as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Rogers Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.