GT Solar International Stock Hits New 52-Week High (SOLR)

NEW YORK ( TheStreet) -- GT Solar International (Nasdaq: SOLR) hit a new 52-week high Tuesday as it is currently trading at $14.01, above its previous 52-week high of $14 with 1.8 million shares traded as of 10:52 a.m. ET. Average volume has been 3.9 million shares over the past 30 days.

GT Solar International has a market cap of $1.7 billion and is part of the technology sector and electronics industry. Shares are up 45.9% year to date as of the close of trading on Monday.

GT Solar International, Inc. engages in the design and manufacture of manufacturing equipment; and provision of services for the production of photovoltaic (PV), wafer, cell and module, and polysilicon products worldwide. The company has a P/E ratio of 10.8, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
  • Practice your SOLR trading strategies and win cash in our stock game.

TheStreet Ratings rates GT Solar International as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full GT Solar International Ratings Report.

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

null

More from Markets

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker