Jarden Reaches New 52-Week High (JAH)

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) -- Jarden Corporation (NYSE: JAH) hit a new 52-week high Thursday as it is currently trading at $58.89, above its previous 52-week high of $58.83 with 180,894 shares traded as of 1:45 p.m. ET. Average volume has been 657,600 shares over the past 30 days.

Jarden has a market cap of $4.58 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 13.4% year to date as of the close of trading on Wednesday.

Jarden Corporation manufactures, sources, and sells consumer products worldwide. The company has a P/E ratio of 21.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Jarden as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, 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 Jarden Ratings Report.

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