Dover Reaches New 52-Week High (DOV)

NEW YORK ( TheStreet) -- Dover Corporation (NYSE: DOV) hit a new 52-week high Thursday as it is currently trading at $80.87, above its previous 52-week high of $80.75 with 26,148 shares traded as of 9:36 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Dover has a market cap of $13.61 billion and is part of the industrial goods sector and industrial industry. Shares are up 21% year to date as of the close of trading on Wednesday.

Dover Corporation manufactures and sells a range of specialized products and components, and provides related consumables and services. The company operates in four segments: Communication Technologies, Energy, Engineered Systems, and Printing and Identification.

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TheStreet Ratings rates Dover as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Dover Ratings Report.

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