Jarden Reaches New 52-Week High (JAH)

NEW YORK ( TheStreet) -- Jarden Corporation (NYSE: JAH) hit a new 52-week high Tuesday as it is currently trading at $49.09, above its previous 52-week high of $49.06 with 250,726 shares traded as of 11:25 a.m. ET. Average volume has been 886,400 shares over the past 30 days.

Jarden has a market cap of $3.89 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 63.3% year to date as of the close of trading on Monday.

Jarden Corporation manufactures, sources, and sells consumer products worldwide. The company has a P/E ratio of 17.9, above the average consumer durables industry P/E ratio of 17.6 and above 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, solid stock price performance, growth in earnings per share, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Jarden Ratings Report.

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