United Stationers Stock Hits New 52-Week High (USTR)
United Stationers (Nasdaq:USTR) hit a new 52-week high Friday as it changed hands at $71.99 compared with its previous 52-week high of $71.97. United Stationers is currently trading at $72 with 8,715 shares changing hands as of 10:06 a.m.
NEW YORK ( TheStreet) -- United Stationers (Nasdaq: USTR) hit a new 52-week high Friday as it traded at $71.99 compared with its previous 52-Week high of $71.97. United Stationers is changing hands at $72 with 8,715 shares traded as of 10:06 a.m. ET. Average volume has been 129,600 shares over the past 30 days. United Stationers has a market cap of $1.6 billion and is part of the services sector and wholesale industry. Shares are up 11.3% year to date as of the close of trading on Thursday. United Stationers Inc., through its principal subsidiary, United Stationers Supply Co., engages in the wholesale distribution of business products in North America. The company has a P/E ratio of 15, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 16.4.
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TheStreet Ratings rates United Stationers as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full United Stationers Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.