Xcel Energy Reaches New 52-Week High (XEL)

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) -- Xcel Energy (NYSE: XEL) hit a new 52-week high Wednesday as it is currently trading at $29.93, above its previous 52-week high of $29.92 with 1.5 million shares traded as of 1:20 p.m. ET. Average volume has been 3.1 million shares over the past 30 days.

Xcel Energy has a market cap of $14.44 billion and is part of the utilities sector and utilities industry. Shares are up 11% year to date as of the close of trading on Tuesday.

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company has a P/E ratio of 16, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Xcel Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Xcel Energy Ratings Report.

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