Jacobs Engineering Group Reaches New 52-Week High (JEC)

NEW YORK ( TheStreet) -- Jacobs Engineering Group (NYSE: JEC) hit a new 52-week high Monday as it is currently trading at $58.08, above its previous 52-week high of $57.97 with 37,394 shares traded as of 9:35 a.m. ET. Average volume has been 877,600 shares over the past 30 days.

Jacobs Engineering Group has a market cap of $7.46 billion and is part of the services sector and diversified services industry. Shares are up 33.9% year to date as of the close of trading on Friday.

Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients worldwide.

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TheStreet Ratings rates Jacobs Engineering Group 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, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Jacobs Engineering Group Ratings Report.

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