NEW YORK (
) hit a new 52-week high Monday as it is currently trading at $89.52, above its previous 52-week high of $89.43 with 1.3 million shares traded as of 2:35 p.m. ET. Average volume has been 2.9 million shares over the past 30 days.
Colgate-Palmolive has a market cap of $42.3 billion and is part of the
industry. Shares are up 9.3% year to date as of the close of trading on Friday.
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. The company has a P/E ratio of 17.8, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Colgate-Palmolive as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full
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