Jabil Circuit Stock Hits New 52-Week High (JBL)

NEW YORK ( TheStreet) -- Jabil Circuit (NYSE: JBL) hit a new 52-week high Tuesday as it is currently trading at $26.59, above its previous 52-week high of $26.50 with 478,091 shares traded as of 10:25 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Jabil Circuit has a market cap of $4.85 billion and is part of the technology sector and electronics industry. Shares are up 33.4% year to date as of the close of trading on Monday.

Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions worldwide. The company has a P/E ratio of 14.7, above the average electronics industry P/E ratio of 13 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Jabil Circuit as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Jabil Circuit Ratings Report.

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