Wabco Stock Hits New 52-Week High (WBC)

NEW YORK ( TheStreet) -- Wabco Holdings Incorporated (NYSE: WBC) hit a new 52-week high Monday as it is currently trading at $78.82, above its previous 52-week high of $78.79 with 3,391 shares traded as of 9:30 a.m. ET. Average volume has been 529,300 shares over the past 30 days.

Wabco has a market cap of $4.86 billion and is part of the consumer goods sector and automotive industry. Shares are up 20.8% year to date as of the close of trading on Friday.

WABCO Holdings Inc., together with its subsidiaries, provides electronic, mechanical, and mechatronic products for commercial truck, trailer, bus, and passenger car manufacturers worldwide.

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TheStreet Ratings rates Wabco as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Wabco Ratings Report.

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