AES (NYSE:AES) hit a new 52-week high Thursday as it is currently trading at $12.95, above its previous 52-week high of $12.94 with 1.2 million shares traded as of 10:47 a.m. ET. Average volume has been 6.1 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) -- AES (NYSE: AES) hit a new 52-week high Thursday as it is currently trading at $12.95, above its previous 52-week high of $12.94 with 1.2 million shares traded as of 10:47 a.m. ET. Average volume has been 6.1 million shares over the past 30 days. AES has a market cap of $9.43 billion and is part of the utilities sector and utilities industry. Shares are up 20.1% year to date as of the close of trading on Wednesday. The AES Corporation, a power company, operates a portfolio of electricity generation and distribution businesses. Its Generation business owns and/or operates power plants to generate and sell power to wholesale customers, such as utilities and other intermediaries.
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TheStreet Ratings rates AES as a hold. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full AES 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.