NEW YORK (

TheStreet

) --

FMC Corporation

(NYSE:

FMC

) hit a new 52-week high Thursday as it is currently trading at $93.24, above its previous 52-week high of $93.10 with 9,652 shares traded as of 9:39 a.m. ET. Average volume has been 469,400 shares over the past 30 days.

FMC has a market cap of $6.46 billion and is part of the

basic materials

sector and

chemicals

industry. Shares are up 7.8% year to date as of the close of trading on Wednesday.

FMC Corporation, a chemical company, provides solutions, applications, and products for agricultural, consumer, and industrial markets. The company operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. The company has a P/E ratio of 24.7, below the average chemicals industry P/E ratio of 28 and above the S&P 500 P/E ratio of 17.7.

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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, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

FMC Ratings Report

.

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