NEW YORK (

TheStreet

) --

Valspar Corporation

(NYSE:

VAL

) hit a new 52-week high Wednesday as it traded at $39.31 compared with its previous 52-Week high of $39.30. Valspar is changing hands at $39.31 with 323,423 shares traded as of 2:32 p.m. ET. Average volume has been 898,200 shares over the past 30 days.

Valspar has a market cap of $3.7 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 12.1% year to date as of the close of trading on Tuesday.

The Valspar Corporation manufactures and distributes coatings, paints, and related products primarily in the United States, China, and Europe. The company has a P/E ratio of 17, below the average materials & construction industry P/E ratio of 17.4 and above the S&P 500 P/E ratio of 16.1.

  • Practice your VAL trading strategies and win cash in our stock game.

TheStreet Ratings rates Valspar as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth, reasonable valuation levels, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Valspar Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null