Newell Rubbermaid (NYSE:NWL) hit a new 52-week high Friday as it is currently trading at $19.50, above its previous 52-week high of $19.49 with 2.6 million shares traded as of 2:35 p.m. ET. Average volume has been 2.8 million 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) -- Newell Rubbermaid (NYSE: NWL) hit a new 52-week high Friday as it is currently trading at $19.50, above its previous 52-week high of $19.49 with 2.6 million shares traded as of 2:35 p.m. ET. Average volume has been 2.8 million shares over the past 30 days. Newell Rubbermaid has a market cap of $5.48 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 17.8% year to date as of the close of trading on Thursday. Newell Rubbermaid Inc. designs, manufactures, and markets consumer and commercial products worldwide. The company has a P/E ratio of 52.7, below the average consumer durables industry P/E ratio of 61.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Newell Rubbermaid as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations 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 Newell Rubbermaid 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.