BorgWarner (NYSE:BWA) hit a new 52-week high Tuesday as it is currently trading at $80.16, above its previous 52-week high of $80.10 with 503,345 shares traded as of 3 p.m. ET. Average volume has been one 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) -- BorgWarner (NYSE: BWA) hit a new 52-week high Tuesday as it is currently trading at $80.16, above its previous 52-week high of $80.10 with 503,345 shares traded as of 3 p.m. ET. Average volume has been one million shares over the past 30 days. BorgWarner has a market cap of $9.17 billion and is part of the consumer goods sector and automotive industry. Shares are up 10.8% year to date as of the close of trading on Monday. BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates BorgWarner as a buy. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full BorgWarner 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.