NEW YORK (

TheStreet

) --

Airgas Inc

(NYSE:

ARG

) hit a new 52-week high Wednesday as it is currently trading at $75.29, above its previous 52-week high of $74.25 with 45,392 shares traded as of 9:40 a.m. ET. Average volume has been 766,500 shares over the past 30 days.

Airgas has a market cap of $5.55 billion and is part of the

services

sector and

wholesale

industry. Shares are up 16.6% year to date as of the close of trading on Tuesday.

Airgas, Inc., through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. The company has a P/E ratio of 21.9, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Airgas as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Airgas Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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