NEW YORK ( TheStreet) -- Seaspan Corporation (NYSE: SSW) hit a new 52-week high Friday as it traded at $20.20 compared with its previous 52-Week high of $19.74. Seaspan is changing hands at $19.31 with 436,428 shares traded as of 11:27 a.m. ET. Average volume has been 313,300 shares over the past 30 days.

Seaspan has a market cap of $1.3 billion and is part of the services sector and transportation industry. Shares are up 56.6% year to date as of the close of trading on Thursday.

Seaspan Corporation owns and operates the containerships that are engaged in the deep-sea container transportation business in Hong Kong. The company charters its containerships pursuant to long-term, fixed-rate time charters to various container liner companies.
  • Practice your SSW trading strategies and win cash in our stock game.

TheStreet Ratings rates Seaspan as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and disappointing return on equity. You can view the full Seaspan Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.
null

If you liked this article you might like

These Stocks Are Ready to Reverse Course

10 Sectors That Will Profit Big-Time From Oil's Crash

5 Stocks Trending Close to Major Breakouts

Hershey, Nvidia, Accenture, Cheniere Energy: 'Mad Money' Lightning Round

Stay Long, This Bull Is Strong: Cramer's 'Mad Money' Recap (Wednesday 2/15/17)