Avery Dennison (NYSE:AVY) hit a new 52-week high Tuesday as it is currently trading at $42.87, above its previous 52-week high of $42.65 with 627,988 shares traded as of 3:36 p.m. ET. Average volume has been 906,200 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) -- Avery Dennison (NYSE: AVY) hit a new 52-week high Tuesday as it is currently trading at $42.87, above its previous 52-week high of $42.65 with 627,988 shares traded as of 3:36 p.m. ET. Average volume has been 906,200 shares over the past 30 days. Avery Dennison has a market cap of $4.22 billion and is part of the industrial goods sector and industrial industry. Shares are up 22.1% year to date as of the close of trading on Monday. Avery Dennison Corporation manufactures and sells pressure-sensitive materials, brand identification and information management products, and other converted products worldwide. The company has a P/E ratio of 25.9, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Avery Dennison as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Avery Dennison 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.