Lockheed Martin Stock Hits New 52-Week High (LMT)

NEW YORK ( TheStreet) -- Lockheed Martin Corporation (NYSE: LMT) hit a new 52-week high Monday as it is currently trading at $109.27, above its previous 52-week high of $109.26 with 549,472 shares traded as of 2:58 p.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Lockheed Martin has a market cap of $34.35 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 17.7% year to date as of the close of trading on Friday.

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products for defense, civil, and commercial applications in the United States and internationally.

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TheStreet Ratings rates Lockheed Martin as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, notable return on equity, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Lockheed Martin Ratings Report.

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