Jarden Corporation (NYSE:JAH) hit a new 52-week high Wednesday as it is currently trading at $52.79, above its previous 52-week high of $51.61 with 675,799 shares traded as of 3:15 p.m. ET. Average volume has been 881,400 shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- Jarden Corporation (NYSE: JAH) hit a new 52-week high Wednesday as it is currently trading at $52.79, above its previous 52-week high of $51.61 with 675,799 shares traded as of 3:15 p.m. ET. Average volume has been 881,400 shares over the past 30 days. Jarden has a market cap of $4.07 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 70.4% year to date as of the close of trading on Tuesday. Jarden Corporation manufactures, sources, and sells consumer products worldwide. The company has a P/E ratio of 18.6, above the average consumer durables industry P/E ratio of 18.4 and above the S&P 500 P/E ratio of 17.7.
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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 good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Jarden Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.