Sturm Ruger Reaches New 52-Week High (RGR)

NEW YORK ( TheStreet) -- Sturm Ruger & Company (NYSE: RGR) hit a new 52-week high Thursday as it is currently trading at $46.79, above its previous 52-week high of $46.68 with 606,290 shares traded as of 11:55 a.m. ET. Average volume has been 189,000 shares over the past 30 days.

Sturm Ruger has a market cap of $733.3 million and is part of the consumer goods sector and consumer durables industry. Shares are up 26.4% year to date as of the close of trading on Wednesday.

Sturm, Ruger & Company, Inc. engages in the design, manufacture, and sale of firearms in the United States. It offers single-shot, autoloading, bolt-action, and sporting rifles; shotguns; rim fire autoloading and center fire autoloading pistols; and single-action and double-action revolvers. The company has a P/E ratio of 20.9, below the average consumer durables industry P/E ratio of 21 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Sturm Ruger as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Sturm Ruger Ratings Report.

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