NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $57.22, above its previous 52-week high of $57.19 with 1.3 million shares traded as of 11:05 a.m. ET. Average volume has been 2.7 million shares over the past 30 days.
Ecolab has a market cap of $12.85 billion and is part of the
industry. Shares are up 10% year to date as of the close of trading on Tuesday.
Ecolab Inc. develops and markets products and services for the hospitality, foodservice, healthcare, and industrial markets primarily in the United States. The company has a P/E ratio of 26, 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 Ecolab as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
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