Energy Transfer Partners L.P Stock Hits New 52-Week High (ETP)
Energy Transfer Partners L.P (NYSE:ETP) hit a new 52-week high Monday as it is currently trading at $50.96, above its previous 52-week high of $50.95 with 1.3 million shares traded as of 3:11 p.m. ET. Average volume has been 1.7 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) -- Energy Transfer Partners L.P (NYSE: ETP) hit a new 52-week high Monday as it is currently trading at $50.96, above its previous 52-week high of $50.95 with 1.3 million shares traded as of 3:11 p.m. ET. Average volume has been 1.7 million shares over the past 30 days. Energy Transfer Partners L.P has a market cap of $18.39 billion and is part of the basic materials sector and energy industry. Shares are up 17.3% year to date as of the close of trading on Friday. Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company has a P/E ratio of 75.4, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Energy Transfer Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Energy Transfer Partners L.P 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.