(May 9, 2011)
Kaman Corporation (Nasdaq:KAMN) hit a new 52-week high Monday as it is currently trading at $37.51, above its previous 52-week high of $37.41 with 88,504 shares traded as of 11:21 a.m. ET. Average volume has been 147,500 shares over the past 30 days.
Kaman has a market cap of $921.1 million and is part of the industrial goods sector and aerospace/defense industry. Shares are up 23.9% year to date as of the previous trading day's close.
Kaman Corporation operates in the industrial distribution and aerospace markets. The company's Industrial Distribution segment distributes products, including bearings, mechanical and electrical power transmission, fluid power, motion control, and materials handling components. The company has a P/E ratio of 18.4, below the average aerospace/defense industry P/E ratio of 24 and above the S&P 500 P/E ratio of 16.7.
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