Eagle Reaches New 52-Week High (EXP)

NEW YORK ( TheStreet) -- Eagle Materials (NYSE: EXP) hit a new 52-week high Wednesday as it is currently trading at $33.72, above its previous 52-week high of $33.66 with 271,221 shares traded as of 11:45 a.m. ET. Average volume has been 618,800 shares over the past 30 days.

Eagle has a market cap of $1.32 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 28.1% year to date as of the close of trading on Tuesday.

Eagle Materials Inc. produces building materials and construction products used in residential, industrial, commercial, and infrastructure construction in the United States. It operates in four segments: Cement, Gypsum Wallboard, Recycled Paperboard, and Concrete and Aggregates.

TheStreet Ratings rates Eagle as a hold. 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. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and premium valuation. You can view the full Eagle Ratings Report.

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

null

More from Markets

Jim Cramer on the Markets: I Struggle With How Negative Things Are

Jim Cramer on the Markets: I Struggle With How Negative Things Are

Video: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Emerging Markets Get Pounded by Trade War Concerns

Emerging Markets Get Pounded by Trade War Concerns

Dow Tumbles, Stocks Slide on Renewed Trade War Concerns

Dow Tumbles, Stocks Slide on Renewed Trade War Concerns

PTC Shares Skyrocket on Positive Data for Spinal Muscular Atrophy Drug

PTC Shares Skyrocket on Positive Data for Spinal Muscular Atrophy Drug