EQT Stock Hits New 52-Week High (EQT)

NEW YORK ( TheStreet) -- EQT (NYSE: EQT) hit a new 52-week high Thursday as it is currently trading at $84.35, above its previous 52-week high of $84.20 with 278,277 shares traded as of 10:46 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.

EQT has a market cap of $12.2 billion and is part of the utilities sector and utilities industry. Shares are up 38.6% year to date as of the close of trading on Wednesday.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution.

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TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full EQT Ratings Report.

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