Crown Castle International Stock Hits New 52-Week High (CCI)

NEW YORK ( TheStreet) -- Crown Castle International (NYSE: CCI) hit a new 52-week high Tuesday as it is currently trading at $51.46, above its previous 52-week high of $51.44 with 677,614 shares traded as of 11:05 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Crown Castle International has a market cap of $13.07 billion and is part of the technology sector and telecommunications industry. Shares are up 14.7% year to date as of the close of trading on Friday.

Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. The company has a P/E ratio of 98.8, above the average telecommunications industry P/E ratio of 95.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Crown Castle International as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full Crown Castle International Ratings Report.

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