EMS Reaches New 52-Week High (ELMG)

NEW YORK ( TheStreet) -- EMS Technologies (Nasdaq: ELMG) hit a new 52-week high Tuesday as it is currently trading at $32.83, above its previous 52-week high of $26.70 with 412,038 shares traded as of 10:41 a.m. ET. Average volume has been 81,900 shares over the past 30 days.

EMS has a market cap of $380.4 million and is part of the technology sector and telecommunications industry. Shares are up 65.8% year to date as of the close of trading on Monday.

EMS Technologies, Inc. designs, manufactures, and sells wireless communications products to satellite and wireless communications markets for commercial and defense applications in the United States and internationally. The company has a P/E ratio of 23.8, equal to the average telecommunications industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
  • Practice your ELMG trading strategies and win cash in our stock game.

TheStreet Ratings rates EMS 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full EMS Ratings Report.

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

null

More from Markets

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit