NEW YORK (

TheStreet

) --

World Fuel Services Corporation

(NYSE:

INT

) hit a new 52-week high Wednesday as it is currently trading at $42.18, above its previous 52-week high of $42.15 with 339,233 shares traded as of 11:46 a.m. ET. Average volume has been 580,900 shares over the past 30 days.

World Fuel Services has a market cap of $2.68 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 11% year to date as of the close of trading on Tuesday.

World Fuel Services Corporation, a fuel logistics company, engages in the marketing, distribution, and sale of aviation, marine, and land fuel products and related services worldwide. It operates in three segments: Aviation, Marine, and Land. The company has a P/E ratio of 15.7, above the average energy industry P/E ratio of 14.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates World Fuel Services 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, solid stock price performance, growth in earnings per share and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

World Fuel Services Ratings Report

.

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