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 $46.62, above its previous 52-week high of $46.59 with 670,660 shares traded as of 3:45 p.m. ET. Average volume has been 925,400 shares over the past 30 days.

Ball has a market cap of $7 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 3.5% year to date as of the close of trading on Thursday.

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 17.2, 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, good cash flow from operations, solid stock price performance 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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