Pepco Holdings (NYSE:POM) hit a new 52-week high Wednesday as it is currently trading at $22.14, above its previous 52-week high of $22.13 with 710,920 shares traded as of 1:41 p.m. ET. Average volume has been two 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) -- Pepco Holdings (NYSE: POM) hit a new 52-week high Wednesday as it is currently trading at $22.14, above its previous 52-week high of $22.13 with 710,920 shares traded as of 1:41 p.m. ET. Average volume has been two million shares over the past 30 days. Pepco has a market cap of $5.4 billion and is part of the utilities sector and utilities industry. Shares are up 11.6% year to date as of the close of trading on Tuesday. Pepco Holdings, Inc., through its subsidiaries, engages in the transmission, distribution, and supply of electricity. The company also distributes and supplies natural gas. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Pepco as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, good cash flow from operations, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Pepco Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.