NEW YORK (

TheStreet

) --

Altra Holdings Incorporated

(Nasdaq:

AIMC

) hit a new 52-week high Wednesday as it is currently trading at $25.21, above its previous 52-week high of $24.77 with 23,711 shares traded as of 9:35 a.m. ET. Average volume has been 201,300 shares over the past 30 days.

Altra has a market cap of $647.2 million and is part of the

industrial goods

sector and

industrial

industry. Shares are up 21.3% year to date as of the close of trading on Tuesday.

TheStreet Recommends

Altra Holdings, Inc., together with its subsidiary, Altra Industrial Motion, Inc., designs, produces, and markets a range of mechanical power transmission and motion control products primarily in North America, Europe, and Asia. The company has a P/E ratio of 26.2, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 16.7.

  • Practice your AIMC trading strategies and win cash in our stock game.

TheStreet Ratings rates Altra as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and generally poor debt management. You can view the full

Altra Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null