NEW YORK (

TheStreet

) --

Ultrapar Holdings

(NYSE:

UGP

) hit a new 52-week high Tuesday as it is currently trading at $22.59, above its previous 52-week high of $22.55 with 199,257 shares traded as of 12:54 p.m. ET. Average volume has been 371,000 shares over the past 30 days.

Ultrapar has a market cap of $10.72 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 29.7% year to date as of the close of trading on Monday.

Ultrapar Holdings Inc., through its subsidiaries, operates in the petrochemicals industry. The company has a P/E ratio of 53.6, above the average energy industry P/E ratio of 19.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ultrapar as a

buy

. Among the primary strengths of the company is its solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Ultrapar Ratings Report

.

See all

52-week high stocks

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.

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