Avery Dennison Stock Hits New 52-Week High (AVY)

NEW YORK ( TheStreet) -- Avery Dennison (NYSE: AVY) hit a new 52-week high Monday as it is currently trading at $44.93, above its previous 52-week high of $44.92 with 50,897 shares traded as of 10:50 a.m. ET. Average volume has been 695,700 shares over the past 30 days.

Avery Dennison has a market cap of $4.34 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 27.3% year to date as of the close of trading on Friday.

Avery Dennison Corporation engages in the production and sale of pressure-sensitive materials worldwide. Its Pressure-sensitive Materials segment offers pressure-sensitive label and packaging materials, graphics and graphic films, reflective products, and tapes and performance polymers.

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TheStreet Ratings rates Avery Dennison as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Avery Dennison Ratings Report.

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