NEW YORK (

TheStreet

) --

FMC Corporation

(NYSE:

FMC

) hit a new 52-week high Tuesday as it is currently trading at $88.16, above its previous 52-week high of $87.98 with 44,208 shares traded as of 10:31 a.m. ET. Average volume has been 586,600 shares over the past 30 days.

FMC has a market cap of $6.3 billion and is part of the

basic materials

sector and

chemicals

industry. Shares are up 6.4% year to date as of the close of trading on Monday.

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FMC Corporation, a chemical company, provides solutions, applications, and products for agricultural, consumer, and industrial markets worldwide. It operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. The company has a P/E ratio of 31.2, below the average chemicals industry P/E ratio of 37.2 and above the S&P 500 P/E ratio of 16.7.

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TheStreet Ratings rates FMC as a

buy

. 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, good cash flow from operations, 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

FMC Ratings Report

.

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