Nalco Stock Hits New 52-Week High (NLC)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Wednesday as it is currently trading at $39.30, above its previous 52-week high of $39.08 with 125,822 shares traded as of 9:36 a.m. ET. Average volume has been 2.3 million shares over the past 30 days.
Nalco has a market cap of $5.23 billion and is part of the
sector and
industry. Shares are up 20.7% year to date as of the close of trading on Tuesday.
Nalco Holding Company engages in the manufacture and sale of specialized service chemical programs worldwide. The company has a P/E ratio of 17.6, above the average chemicals industry P/E ratio of 17 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Nalco as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
.
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