NEW YORK (

TheStreet

) --

Airgas Inc

(NYSE:

ARG

) hit a new 52-week high Thursday as it is currently trading at $71.53, above its previous 52-week high of $71.28 with 862,908 shares traded as of 2:10 p.m. ET. Average volume has been 882,900 shares over the past 30 days.

Airgas has a market cap of $5.1 billion and is part of the

services

sector and

wholesale

industry. Shares are up 10.9% year to date as of the close of trading on Wednesday.

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 22, above the average wholesale industry P/E ratio of 21.9 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, good cash flow from operations, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Airgas Ratings Report

.

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