United Parcel Service Inc (UPS) Class B Stock Hits New 52-Week High (UPS)

NEW YORK ( TheStreet) -- United Parcel Service Inc (UPS) Class B (NYSE: UPS) hit a new 52-week high Tuesday as it is currently trading at $90.29, above its previous 52-week high of $89.96 with 1.4 million shares traded as of 10:51 a.m. ET. Average volume has been 3.4 million shares over the past 30 days.

United Parcel Service Inc (UPS) Class B has a market cap of $63.44 billion and is part of the services sector and transportation industry. Shares are up 19.8% year to date as of the close of trading on Monday.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain and Freight. The U.S.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates United Parcel Service Inc (UPS) Class B as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, growth in earnings per share, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full United Parcel Service Inc (UPS) Class B Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

Why Activist Investors Won't Target UPS Even After Lackluster Results

Why Activist Investors Won't Target UPS Even After Lackluster Results

UPS's Long-Tenured Board Members Are a Red Flag for Investors

UPS's Long-Tenured Board Members Are a Red Flag for Investors

These Were the 3 Hottest Stories on Wall Street Tuesday

These Were the 3 Hottest Stories on Wall Street Tuesday

These Are the Hottest Stories on Wall Street Tuesday

These Are the Hottest Stories on Wall Street Tuesday

Shorts Trampled In Bull Market Rally; UPS Share Structure Examined -- ICYMI

Shorts Trampled In Bull Market Rally; UPS Share Structure Examined -- ICYMI