NEW YORK ( TheStreet) -- Embraer S.A (NYSE: ERJ) hit a new 52-week high Thursday as it is currently trading at $34.83, above its previous 52-week high of $34.68 with 44,058 shares traded as of 9:35 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Embraer S.A has a market cap of $6.26 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 32.2% year to date as of the close of trading on Wednesday. Embraer S.A. engages in the development, production, and sale of jet and turboprop aircraft for civil and defense aviation markets. The company has a P/E ratio of 18.3, below the average aerospace/defense industry P/E ratio of 54.9 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Embraer S.A as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Embraer S.A Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.