CMS Energy Stock Hits New 52-Week High (CMS)

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) -- CMS Energy (NYSE: CMS) hit a new 52-week high Wednesday as it is currently trading at $25.59, above its previous 52-week high of $25.56 with 312,807 shares traded as of 10:15 a.m. ET. Average volume has been 2.4 million shares over the past 30 days.

CMS Energy has a market cap of $6.7 billion and is part of the utilities sector and utilities industry. Shares are up 3.6% year to date as of the close of trading on Tuesday.

CMS Energy Corporation, through its subsidiaries, operates as an energy company primarily in Michigan. The company operates in three segments: Electric Utility, Gas Utility, and Enterprises. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CMS Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, solid stock price performance and growth in earnings per share. 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 CMS Energy Ratings Report.

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