NEW YORK (TheStreet) -- United Technologies (NYSE:UTX) hit a new 52-week high Tuesday as it is currently trading at $98.25, above its previous 52-week high of $98.18 with 1.1 million shares traded as of 11:31 a.m. ET. Average volume has been 3.4 million shares over the past 30 days.
United has a market cap of $88.74 billion and is part of the industrial goods sector and industrial industry. Shares are up 18.3% year to date as of the close of trading on Monday.
United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide.
TheStreet Ratings rates United as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.