ABB (NYSE:ABBNY) Reaches New 12-Month High at $51.70

ABB Ltd (NYSE:ABBNY - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $51.70 and last traded at $51.51, with a volume of 21653 shares trading hands. The stock had previously closed at $51.33.

ABB Trading Up 0.8 %

The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.88 and a current ratio of 1.23. The business has a 50 day simple moving average of $47.50 and a 200-day simple moving average of $43.23. The stock has a market capitalization of $97.33 billion, a P/E ratio of 26.66, a price-to-earnings-growth ratio of 3.90 and a beta of 1.16.

ABB (NYSE:ABBNY - Get Free Report) last issued its earnings results on Thursday, April 18th. The industrial products company reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.29). The business had revenue of $7.87 billion for the quarter. ABB had a return on equity of 26.66% and a net margin of 11.21%. On average, analysts predict that ABB Ltd will post 2.06 EPS for the current year.

ABB Company Profile

ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.