United Parcel Service Stock Hits New 52-Week High (UPS)

NEW YORK ( TheStreet) -- United Parcel Service (NYSE: UPS) hit a new 52-week high Monday as it is currently trading at $77.56, above its previous 52-week high of $77.55 with 1.5 million shares traded as of 1:30 p.m. ET. Average volume has been 4.1 million shares over the past 30 days.

United Parcel Service has a market cap of $54.27 billion and is part of the services sector and transportation industry. Shares are up 5.4% year to date as of the close of trading on Friday.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. The company has a P/E ratio of 20, above the average transportation industry P/E ratio of 18.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates United Parcel Service as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full United Parcel Service Ratings Report.

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