Jarden Stock Hits New 52-Week High (JAH)

NEW YORK ( TheStreet) -- Jarden Corporation (NYSE: JAH) hit a new 52-week high Thursday as it is currently trading at $42.57, above its previous 52-week high of $41.14 with 152,539 shares traded as of 9:40 a.m. ET. Average volume has been 892,500 shares over the past 30 days.

Jarden has a market cap of $3.04 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 35.2% year to date as of the close of trading on Wednesday.

Jarden Corporation manufactures, sources, and sells consumer products worldwide. The company has a P/E ratio of 17.2, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Jarden as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Jarden Ratings Report.

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