Precision Castparts Reaches New 52-Week High (PCP)

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) -- Precision Castparts (NYSE: PCP) hit a new 52-week high Thursday as it is currently trading at $182.74, above its previous 52-week high of $182.40 with 99,282 shares traded as of 10:10 a.m. ET. Average volume has been 707,400 shares over the past 30 days.

Precision Castparts has a market cap of $26.06 billion and is part of the industrial goods sector and industrial industry. Shares are up 8.7% year to date as of the close of trading on Wednesday.

Precision Castparts Corp. manufactures and sells metal components and products worldwide. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Precision Castparts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Precision Castparts Ratings Report.

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