NEW YORK ( TheStreet) -- Centrais Ele. Brasileira S.A. Eletrobras (NYSE: EBR.B) hit a new 52-week high Wednesday as it traded at $18.99 compared with its previous 52-Week high of $18.95. Centrais Ele. Brasileira S.A. Eletrobras is changing hands at $18.99 with 35,149 shares traded as of 11:47 a.m. ET. Average volume has been 249,900 shares over the past 30 days. Centrais Ele. Brasileira S.A. Eletrobras has a market cap of $25 billion and is part of the utilities sector and utilities industry. Shares are up 11.5% year to date as of the close of trading on Tuesday. Centrais Eletricas Brasileiras S.A. Eletrobras primarily engages in the generation, distribution, transmission, and commercialization of electric power; and construction and operation of nuclear power plants in Brazil.
Practice your EBR.B trading strategies and win cash in our stock game.
TheStreet Ratings rates Centrais Ele. Brasileira S.A. Eletrobras as a buy. 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, attractive valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Centrais Ele. Brasileira S.A. Eletrobras Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.