Ensco PLC Class A Stock Hits New 52-Week High (ESV)
Ensco PLC Class A (NYSE:ESV) hit a new 52-week high Thursday as it is currently trading at $65.23, above its previous 52-week high of $65.19 with 1.5 million shares traded as of 1:57 p.m. ET. Average volume has been 1.9 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) -- Ensco PLC Class A (NYSE: ESV) hit a new 52-week high Thursday as it is currently trading at $65.23, above its previous 52-week high of $65.19 with 1.5 million shares traded as of 1:57 p.m. ET. Average volume has been 1.9 million shares over the past 30 days. Ensco PLC Class A has a market cap of $14.82 billion and is part of the basic materials sector and energy industry. Shares are up 7.6% year to date as of the close of trading on Wednesday. Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Ensco PLC Class A as a buy. 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, solid stock price performance, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Ensco PLC Class A 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.