Regeneron Reaches New 52-Week High (REGN)

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) -- Regeneron Pharmaceuticals (Nasdaq: REGN) hit a new 52-week high Wednesday as it is currently trading at $189.19, above its previous 52-week high of $188.95 with 296,062 shares traded as of 10:40 a.m. ET. Average volume has been 734,600 shares over the past 30 days.

Regeneron has a market cap of $17.03 billion and is part of the health care sector and drugs industry. Shares are up 8.1% year to date as of the close of trading on Tuesday.

Regeneron Pharmaceuticals, Inc., a biopharmaceutical company, discovers, invents, develops, manufactures, and commercializes medicines for the treatment of serious medical conditions in the United States and internationally. The company has a P/E ratio of 26.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Regeneron as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. 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 Regeneron Ratings Report.

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