NEW YORK (

TheStreet

) --

Robbins & Myers Incorporated

(NYSE:

RBN

) hit a new 52-week high Friday as it traded at $45.21 compared with its previous 52-Week high of $45.20. Robbins & Myers is changing hands at $45.21 with 462,503 shares traded as of 3:21 p.m. ET. Average volume has been 464,800 shares over the past 30 days.

Robbins & Myers has a market cap of $2 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 21.3% year to date as of the close of trading on Thursday.

Robbins & Myers, Inc., together with its subsidiaries, supplies engineered equipment and systems for various applications in energy, industrial, chemical, and pharmaceutical markets worldwide. The company operates in three segments: Fluid Management, Process Solutions, and Romaco. The company has a P/E ratio of 34.1, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 16.

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TheStreet Ratings rates Robbins & Myers as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, 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 somewhat disappointing return on equity. You can view the full

Robbins & Myers Ratings Report

.

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