Wisconsin Energy Stock Hits New 52-Week High (WEC)

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) -- Wisconsin Energy Corporation (NYSE: WEC) hit a new 52-week high Monday as it is currently trading at $41.50, above its previous 52-week high of $41.48 with 567,924 shares traded as of 1:40 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Wisconsin Energy has a market cap of $9.46 billion and is part of the utilities sector and utilities industry. Shares are up 12.1% year to date as of the close of trading on Friday.

Wisconsin Energy Corporation generates and distributes electric energy, as well as distributes natural gas. It generates electricity from coal, natural gas, wind, and hydro sources. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Wisconsin Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Wisconsin Energy Ratings Report.

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