International Stock Hits New 52-Week High (IP)

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) -- International Paper (NYSE: IP) hit a new 52-week high Monday as it is currently trading at $37.16, above its previous 52-week high of $36.50 with 2.8 million shares traded as of 10 a.m. ET. Average volume has been 4.4 million shares over the past 30 days.

International has a market cap of $15.18 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 20% year to date as of the close of trading on Friday.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, and north Africa. The company has a P/E ratio of 14.3, above the average consumer non-durables industry P/E ratio of 13.8 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, 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 International Ratings Report.

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