Dycom Industries (NYSE:DY) hit a new 52-week high Monday as it changed hands at $17.21 compared with its previous 52-week high of $17.13. Dycom is currently trading at $17.19 with 473,922 shares changing hands as of 3:51 p.m..
NEW YORK ( TheStreet) -- Dycom Industries (NYSE: DY) hit a new 52-week high Monday as it traded at $17.21 compared with its previous 52-Week high of $17.13. Dycom is changing hands at $17.19 with 473,922 shares traded as of 3:51 p.m. ET. Average volume has been 330,500 shares over the past 30 days. Dycom has a market cap of $562.8 million and is part of the industrial goods sector and materials & construction industry. Shares are up 12.9% year to date as of the close of trading on Friday. Dycom Industries, Inc. provides specialty contracting services in the United States and Canada. The company has a P/E ratio of 66.8, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 22.6. TheStreet Ratings rates Dycom as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Dycom Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.