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) -- Cooper Industries (NYSE: CBE) hit a new 52-week high Tuesday as it is currently trading at $77.83, above its previous 52-week high of $77.82 with 802,532 shares traded as of 11:25 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Cooper has a market cap of $12.33 billion and is part of the technology sector and electronics industry. Shares are up 42.9% year to date as of the close of trading on Monday. Cooper Industries plc manufactures and sells electrical components and tools in the United States and internationally. It operates in two segments, Energy and Safety Solutions, and Electrical Products Group. The company has a P/E ratio of 17.6, equal to the S&P 500 P/E ratio of 17.7.
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