Hubbell Reaches New 52-Week High (HUB.B)

NEW YORK ( TheStreet) -- Hubbell (NYSE: HUB.B) hit a new 52-week high Monday as it is currently trading at $79.60, above its previous 52-week high of $79.50 with 67,413 shares traded as of 11:20 a.m. ET. Average volume has been 168,200 shares over the past 30 days.

Hubbell has a market cap of $3.64 billion and is part of the technology sector and electronics industry. Shares are up 17.5% year to date as of the close of trading on Friday.

Hubbell Incorporated engages in the design, manufacture, and sale of electrical and electronic products in the United States and internationally. The company operates in two segments, Electrical and Power. The company has a P/E ratio of 19.1, above the average electronics industry P/E ratio of 17.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hubbell as a buy. The company's strengths can be seen in multiple areas, such as its 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. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Hubbell Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Dow Drops Over 100 Points on Trade War Worries

Dow Drops Over 100 Points on Trade War Worries

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Goldman Is Bullish on Oil, Sees Demand Outweighing Inventory Concern

Goldman Is Bullish on Oil, Sees Demand Outweighing Inventory Concern