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) -- Johnson Controls (NYSE: JCI) hit a new 52-week high Thursday as it is currently trading at $35.29, above its previous 52-week high of $35.17 with 1.3 million shares traded as of 11:01 a.m. ET. Average volume has been 5.1 million shares over the past 30 days. Johnson Controls has a market cap of $22.92 billion and is part of the consumer goods sector and automotive industry. Shares are up 11.6% year to date as of the close of trading on Wednesday. Johnson Controls, Inc. engages in building efficiency, automotive experience, and power solutions businesses worldwide. The company has a P/E ratio of 25, above the S&P 500 P/E ratio of 17.7.
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