Harman International Reaches New 52-Week High (HAR)

NEW YORK ( TheStreet) -- Harman International Industries (NYSE: HAR) hit a new 52-week high Monday as it is currently trading at $52.14, above its previous 52-week high of $51.76 with 657,839 shares traded as of 10:20 a.m. ET. Average volume has been 731,400 shares over the past 30 days.

Harman International has a market cap of $3.39 billion and is part of the consumer goods sector and consumer durables industry.

Harman International Industries, Incorporated engages in the development, manufacture, and marketing of audio products and electronic systems primarily in the United States, Germany, and other parts of Europe.

TheStreet Ratings rates Harman International 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, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Harman International Ratings Report.

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