Owens-Illinois (NYSE:OI) hit a new 52-week high Thursday as it is currently trading at $27.08, above its previous 52-week high of $27.07 with 659,000 shares traded as of 3:41 p.m. ET. Average volume has been 1.4 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) -- Owens-Illinois (NYSE: OI) hit a new 52-week high Thursday as it is currently trading at $27.08, above its previous 52-week high of $27.07 with 659,000 shares traded as of 3:41 p.m. ET. Average volume has been 1.4 million shares over the past 30 days. Owens-Illinois has a market cap of $4.37 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 25.6% year to date as of the close of trading on Wednesday. Owens-Illinois, Inc., through its subsidiaries, manufactures and sells glass container products to food and beverage manufacturers primarily in Europe, North America, South America, and the Asia Pacific. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Owens-Illinois as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. You can view the full Owens-Illinois 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.