Siemens (NYSE:SI) hit a new 52-week high Friday as it is currently trading at $112.96, above its previous 52-week high of $112.80 with 56,750 shares traded as of 10:20 a.m. ET. Average volume has been 287,600 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) -- Siemens (NYSE: SI) hit a new 52-week high Friday as it is currently trading at $112.96, above its previous 52-week high of $112.80 with 56,750 shares traded as of 10:20 a.m. ET. Average volume has been 287,600 shares over the past 30 days. Siemens has a market cap of $94.77 billion and is part of the industrial goods sector and industrial industry. Shares are up 2.5% year to date as of the close of trading on Thursday. Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. The company has a P/E ratio of 32.1, above the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Siemens as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Siemens 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.