NEW YORK ( TheStreet) -- CF Industries Holdings (NYSE: CF) hit a new 52-week high Wednesday as it traded at $149.78 compared with its previous 52-Week high of $149.65. CF is changing hands at $148.26 with 202,291 shares traded as of 9:35 a.m. ET. Average volume has been 2.1 million shares over the past 30 days. CF has a market cap of $10.4 billion and is part of the basic materials sector and chemicals industry. Shares are up 8.4% year to date as of the close of trading on Tuesday.

CF Industries Holdings, Inc. manufactures and distributes nitrogen and phosphate fertilizer products in North America and export markets. It operates in two segments, Nitrogen and Phosphate. The Nitrogen segment offers ammonia, urea, and urea ammonium nitrate solutions. The company has a P/E ratio of 43.1, below the average chemicals industry P/E ratio of 46.3 and above the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates CF as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share. You can view the full CF Ratings Report.