Jarden Stock Hits New 52-Week High (JAH)

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) -- Jarden Corporation (NYSE: JAH) hit a new 52-week high Friday as it is currently trading at $47.59, above its previous 52-week high of $47.56 with 81,107 shares traded as of 10:15 a.m. ET. Average volume has been 986,800 shares over the past 30 days.

Jarden has a market cap of $5.09 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 37.3% year to date as of the close of trading on Thursday.

Jarden Corporation manufactures, markets, and distributes consumer products in the Unites States and internationally. The company has a P/E ratio of 26.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Jarden as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Jarden Ratings Report.

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