Ball Reaches New 52-Week High (BLL)

NEW YORK ( TheStreet) -- Ball Corporation (NYSE: BLL) hit a new 52-week high Wednesday as it is currently trading at $43.58, above its previous 52-week high of $43.57 with 631,186 shares traded as of 12:35 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Ball has a market cap of $6.14 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 22% year to date as of the close of trading on Tuesday.

Ball Corporation, together with its subsidiaries, supplies metal packaging products for the beverage, food, personal care, and household products industries in the United States and internationally. The company has a P/E ratio of 16.3, above the average consumer non-durables industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ball 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 generally poor debt management on most measures that we evaluated. You can view the full Ball Ratings Report.

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