NEW YORK (

TheStreet

) --

Terra Nitrogen Company L.P

(NYSE:

TNH

) hit a new 52-week high Tuesday as it is currently trading at $220.07, above its previous 52-week high of $219.33 with 15,817 shares traded as of 9:45 a.m. ET. Average volume has been 53,200 shares over the past 30 days.

Terra Nitrogen Company L.P has a market cap of $3.5 billion and is part of the

basic materials

sector and

chemicals

industry. Shares are up 29.1% year to date as of the close of trading on Monday.

Terra Nitrogen Company, L.P. engages in the production and sale of nitrogen fertilizer products for agricultural and industrial applications. The company primarily offers anhydrous ammonia and urea ammonium nitrate solutions. The company has a P/E ratio of 14.8, above the average chemicals industry P/E ratio of 13.4 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Terra Nitrogen Company L.P as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Terra Nitrogen Company L.P Ratings Report

.

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