Sturm Ruger Reaches New 52-Week High (RGR)

NEW YORK ( TheStreet) -- Sturm Ruger & Company (NYSE: RGR) hit a new 52-week high Friday as it is currently trading at $53.44, above its previous 52-week high of $53.29 with 618,022 shares traded as of 3:55 p.m. ET. Average volume has been 315,900 shares over the past 30 days.

Sturm Ruger has a market cap of $963.4 million and is part of the consumer goods sector and consumer durables industry. Shares are up 54% year to date as of the close of trading on Thursday.

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 24.6, above the average consumer durables industry P/E ratio of 24.1 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Sturm Ruger Ratings Report.

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