Ball Stock Hits New 52-Week High (BLL)

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) -- Ball Corporation (NYSE: BLL) hit a new 52-week high Friday as it is currently trading at $44.90, above its previous 52-week high of $44.89 with 242,291 shares traded as of 12:40 p.m. ET. Average volume has been 792,100 shares over the past 30 days.

Ball has a market cap of $6.86 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 24.9% year to date as of the close of trading on Wednesday.

Ball Corporation, together with its subsidiaries, supplies metal packaging products for the beverage, food, personal care, and household products industries in the United States and internationally. The company has a P/E ratio of 16.8, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ball as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations and notable return on equity. 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 Ball Ratings Report.

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