Pfizer (NYSE:PFE) hit a new 52-week high Tuesday as it is currently trading at $28.01, above its previous 52-week high of $27.84 with 5.3 million shares traded as of 10:01 a.m. ET. Average volume has been 32.1 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) -- Pfizer (NYSE: PFE) hit a new 52-week high Tuesday as it is currently trading at $28.01, above its previous 52-week high of $27.84 with 5.3 million shares traded as of 10:01 a.m. ET. Average volume has been 32.1 million shares over the past 30 days. Pfizer has a market cap of $196.91 billion and is part of the health care sector and drugs industry. Shares are up 10.4% year to date as of the close of trading on Monday. Pfizer Inc., a biopharmaceutical company, engages in the discovery, development, manufacture, and sale of medicines for people and animals worldwide. The company has a P/E ratio of 21.7, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Pfizer as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, compelling growth in net income and expanding profit margins. 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 Pfizer 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.