CH Energy Group Stock Hits New 52-Week High (CHG)

NEW YORK ( TheStreet) -- CH Energy Group (NYSE: CHG) hit a new 52-week high Friday as it is currently trading at $67.12, above its previous 52-week high of $67.03 with 37,433 shares traded as of 12:04 p.m. ET. Average volume has been 55,500 shares over the past 30 days.

CH Energy Group has a market cap of $836.1 million and is part of the utilities sector and utilities industry. Shares are up 14.7% year to date as of the close of trading on Thursday.

CH Energy Group, Inc., through its subsidiaries, Central Hudson Gas & Electric Corporation and Central Hudson Enterprises Corporation, engages in electric and regulated natural gas utility, and fuel distribution businesses in the United States. The company has a P/E ratio of 24.5, above the average utilities industry P/E ratio of 15.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates CH Energy Group as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full CH Energy Group Ratings Report.

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