Ameren Stock Hits New 52-Week High (AEE)

NEW YORK ( TheStreet) -- Ameren (NYSE: AEE) hit a new 52-week high Friday as it is currently trading at $34.23, above its previous 52-week high of $34.10 with 191,468 shares traded as of 10:09 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.

Ameren has a market cap of $8.09 billion and is part of the utilities sector and utilities industry. Shares are up 2.1% year to date as of the close of trading on Thursday.

Ameren Corporation operates as a public utility holding company in Missouri and Illinois, the United States. The company has a P/E ratio of 54.7, below the average utilities industry P/E ratio of 175.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ameren 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 Ameren Ratings Report.

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