Integrys Energy Group Reaches New 52-Week High (TEG)

NEW YORK ( TheStreet) -- Integrys Energy Group (NYSE: TEG) hit a new 52-week high Friday as it is currently trading at $56.64, above its previous 52-week high of $56.34 with 159,916 shares traded as of 11:05 a.m. ET. Average volume has been 455,700 shares over the past 30 days.

Integrys Energy Group has a market cap of $4.38 billion and is part of the utilities sector and utilities industry. Shares are down 0.3% year to date as of the close of trading on Thursday.

Integrys Energy Group, Inc., an energy holding company, engages in natural gas and electric utility operations, and non regulated energy operations in the United States and Canada. The company has a P/E ratio of 22, above the average utilities industry P/E ratio of 21.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Integrys Energy Group as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Integrys Energy Group Ratings Report.

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