NEW YORK (

TheStreet

) --

Potash Corporation of Saskatchewan

(NYSE:

POT

) hit a new 52-week high Thursday as it traded at $185.50 compared with its previous 52-Week high of $185.23. Potash Corporation of Saskatchewan is changing hands at $185.43 with 3.8 million shares traded as of 3:31 p.m. ET. Average volume has been 4.2 million shares over the past 30 days. Potash Corporation of Saskatchewan has a market cap of $53.9 billion and is part of the

basic materials

sector and

chemicals

industry. Shares are up 17.6% year to date as of the close of trading on Wednesday.

Potash Corporation of Saskatchewan Inc. produces and sells fertilizers and related industrial and feed products worldwide. The company offers solid and liquid phosphate fertilizers; animal feed supplements; and industrial acid, which is used in food products and industrial processes. The company has a P/E ratio of 30.4, below the average chemicals industry P/E ratio of 35.3 and above the S&P 500 P/E ratio of 23.5.

TheStreet Ratings rates Potash Corporation of Saskatchewan as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, compelling growth in net income and impressive record of earnings per share growth. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Potash Corporation of Saskatchewan Ratings Report

.

null