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) -- Nucor (NYSE: NUE) hit a new 52-week high Tuesday as it is currently trading at $48.45, above its previous 52-week high of $48.37 with 323,965 shares traded as of 9:55 a.m. ET. Average volume has been 2.3 million shares over the past 30 days. Nucor has a market cap of $15.28 billion and is part of the basic materials sector and metals & mining industry. Shares are up 11.5% year to date as of the close of trading on Friday. Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The company has a P/E ratio of 30.5, above the S&P 500 P/E ratio of 17.7.
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