Generac Stock Hits New 52-Week High (GNRC)

NEW YORK ( TheStreet) -- Generac Holdings (NYSE: GNRC) hit a new 52-week high Wednesday as it is currently trading at $41.73, above its previous 52-week high of $41.58 with 200 shares traded as of 9:30 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Generac has a market cap of $2.82 billion and is part of the industrial goods sector and industrial industry. Shares are up 20.9% year to date as of the close of trading on Tuesday.

Generac Holdings Inc. designs, manufactures, and markets a range of generators and other engine powered products for the residential, light commercial, industrial, and construction markets in the United States Canada, and Mexico.

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TheStreet Ratings rates Generac as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. 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 Generac Ratings Report.

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