WGL Reaches New 52-Week High (WGL)

NEW YORK ( TheStreet) -- WGL Holdings Incorporated (NYSE: WGL) hit a new 52-week high Tuesday as it is currently trading at $41.94, above its previous 52-week high of $41.89 with 45,933 shares traded as of 11:11 a.m. ET. Average volume has been 384,800 shares over the past 30 days.

WGL has a market cap of $2.1 billion and is part of the utilities sector and utilities industry. Shares are up 14.5% year to date as of the close of trading on Monday.

WGL Holdings, Inc. engages in the delivery and sale of natural gas, and provides energy-related products and services in the District of Columbia, Maryland, Virginia, and Delaware. The company has a P/E ratio of 17.6, above the average utilities industry P/E ratio of 17.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates WGL 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 and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full WGL Ratings Report.

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