NEW YORK (

TheStreet

) --

Sherwin-Williams Company

(NYSE:

SHW

) hit a new 52-week high Thursday as it is currently trading at $87.88, above its previous 52-week high of $87.87 with 69,818 shares traded as of 10:10 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Sherwin-Williams has a market cap of $8.75 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 4.4% year to date as of the close of trading on Wednesday.

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products primarily in North and South America, the Caribbean region, Europe, and Asia. The company has a P/E ratio of 18.6, above the average materials & construction industry P/E ratio of 18 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Sherwin-Williams as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Sherwin-Williams Ratings Report

.

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52-week high stocks

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