United Parcel Service Inc (UPS) Class B Stock Hits New 52-Week High (UPS)

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) -- United Parcel Service Inc (UPS) Class B (NYSE: UPS) hit a new 52-week high Thursday as it is currently trading at $81.92, above its previous 52-week high of $81.79 with 1.7 million shares traded as of 11:01 a.m. ET. Average volume has been 3.5 million shares over the past 30 days.

United Parcel Service Inc (UPS) Class B has a market cap of $58.38 billion and is part of the services sector and transportation industry. Shares are up 8.8% year to date as of the close of trading on Wednesday.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. The company has a P/E ratio of 23.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates United Parcel Service Inc (UPS) Class B as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full United Parcel Service Inc (UPS) Class B Ratings Report.

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