Vector Group Reaches New 52-Week High (VGR)

NEW YORK ( TheStreet) -- Vector Group (NYSE: VGR) hit a new 52-week high Friday as it is currently trading at $18.37, above its previous 52-week high of $18.36 with 25,064 shares traded as of 9:59 a.m. ET. Average volume has been 431,800 shares over the past 30 days.

Vector Group has a market cap of $1.39 billion and is part of the consumer goods sector and tobacco industry. Shares are up 3.2% year to date as of the close of trading on Thursday.

Vector Group Ltd., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. The company has a P/E ratio of 18.5, equal to the average tobacco industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Vector Group as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Vector Group 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

Tobacco Stocks Mixed as FDA Launches Campaign to Keep Kids Away From E-Cigarettes

Don't Buy Altria's Dip Following FDA Regulation Change, RBC Says

Tobacco Stocks Go Up in Smoke After FDA Issues Plan to Curb Tobacco-Related Deaths

Top 5 Dividend Paying Companies in the Challenged Consumer Goods Sector

Home Depot, Federal Realty, more: 'Mad Money' Lightning Round