CVR Energy (NYSE:CVI) hit a new 52-week high Friday as it is currently trading at $62.57, above its previous 52-week high of $62.50 with 93,583 shares traded as of 10:38 a.m. ET. Average volume has been 522,900 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) -- CVR Energy (NYSE: CVI) hit a new 52-week high Friday as it is currently trading at $62.57, above its previous 52-week high of $62.50 with 93,583 shares traded as of 10:38 a.m. ET. Average volume has been 522,900 shares over the past 30 days. CVR Energy has a market cap of $5.24 billion and is part of the basic materials sector and energy industry. Shares are up 23.5% year to date as of the close of trading on Thursday. CVR Energy, Inc., through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States. The company operates through two segments, Petroleum and Nitrogen Fertilizer. The company has a P/E ratio of 9.3, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates CVR Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full CVR Energy 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.