Fluor Corporation (NYSE:FLR) hit a new 52-week high Monday as it is currently trading at $66.90, above its previous 52-week high of $66.83 with 1.5 million shares traded as of 11:56 a.m. ET. Average volume has been 2.1 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) -- Fluor Corporation (NYSE: FLR) hit a new 52-week high Monday as it is currently trading at $66.90, above its previous 52-week high of $66.83 with 1.5 million shares traded as of 11:56 a.m. ET. Average volume has been 2.1 million shares over the past 30 days. Fluor has a market cap of $10.1 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 9.9% year to date as of the close of trading on Friday. Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. The company has a P/E ratio of 22, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Fluor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Fluor 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.