AES Reaches New 52-Week High (AES)

NEW YORK ( TheStreet) -- AES (NYSE: AES) hit a new 52-week high Wednesday as it is currently trading at $13.52, above its previous 52-week high of $13.50 with 1.1 million shares traded as of 10:30 a.m. ET. Average volume has been 5.6 million shares over the past 30 days.

AES has a market cap of $9.78 billion and is part of the utilities sector and utilities industry. Shares are up 13.9% year to date as of the close of trading on Tuesday.

The AES Corporation, through its subsidiaries, operates as a power company in Latin America, Africa, North America, Europe, the Middle East, and Asia. The company owns and operates two businesses, Generation and Utilities.

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

No Good Stock Left Behind: Cramer's 'Mad Money' Recap (Tuesday 7/25/17)

Hertz Global Holdings, Honeywell, PetMed Express, Allergan: 'Mad Money' Lightning Round

These Stocks Are Showing Red Flags -- Here's When to Sell

4 Stocks Are Showing Red Flags -- Here's When to Sell

Do You Own One of These Potentially 'Toxic' Stocks?