BCE Stock Hits New 52-Week High (BCE)

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) -- BCE (NYSE: BCE) hit a new 52-week high Tuesday as it is currently trading at $46.79, above its previous 52-week high of $46.78 with 482,990 shares traded as of 2:50 p.m. ET. Average volume has been 797,300 shares over the past 30 days.

BCE has a market cap of $35.52 billion and is part of the technology sector and telecommunications industry. Shares are up 6.5% year to date as of the close of trading on Monday.

BCE Inc. provides communications solutions to residential, business, and wholesale customers primarily in Canada. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates BCE as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. 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 BCE Ratings Report.

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