Louisiana-Pacific (NYSE:LPX) hit a new 52-week high Tuesday as it is currently trading at $21.69, above its previous 52-week high of $21.60 with 1.5 million shares traded as of 1:26 p.m. ET. Average volume has been 2.5 million shares over the past 30 days.
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) -- Louisiana-Pacific (NYSE: LPX) hit a new 52-week high Tuesday as it is currently trading at $21.69, above its previous 52-week high of $21.60 with 1.5 million shares traded as of 1:26 p.m. ET. Average volume has been 2.5 million shares over the past 30 days. Louisiana-Pacific has a market cap of $2.83 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 5.8% year to date as of the close of trading on Monday. Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. The company has a P/E ratio of 93, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Louisiana-Pacific as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Louisiana-Pacific Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.