Edison International Reaches New 52-Week High (EIX)

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) -- Edison International (NYSE: EIX) hit a new 52-week high Thursday as it is currently trading at $47.97, above its previous 52-week high of $47.96 with 1.4 million shares traded as of 1:50 p.m. ET. Average volume has been two million shares over the past 30 days.

Edison International has a market cap of $15.24 billion and is part of the utilities sector and utilities industry. Shares are up 4.5% year to date as of the close of trading on Wednesday.

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. It operates in two segments, Electric Utility and Competitive Power Generation.

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TheStreet Ratings rates Edison International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Edison International Ratings Report.

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