UIL Reaches New 52-Week High (UIL)

NEW YORK ( TheStreet) -- UIL Holdings Corporation (NYSE: UIL) hit a new 52-week high Thursday as it is currently trading at $34.47, above its previous 52-week high of $34.34 with 262,305 shares traded as of 12:06 p.m. ET. Average volume has been 573,700 shares over the past 30 days.

UIL has a market cap of $1.7 billion and is part of the utilities sector and utilities industry. Shares are up 10.8% year to date as of the close of trading on Wednesday.

UIL Holdings Corporation, through its subsidiaries, operates in the energy sector in the United States. The company, through its subsidiary, The United Illuminating Company, engages in the transmission and delivery of electricity to its customers in 17 municipalities in southwest Connecticut. The company has a P/E ratio of 17.2, above the average utilities industry P/E ratio of 16.9 and below the S&P 500 P/E ratio of 17.7.
  • Practice your UIL trading strategies and win cash in our stock game.

TheStreet Ratings rates UIL as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full UIL Ratings Report.

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

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

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%