NEW YORK ( TheStreet) -- Compass Minerals International (NYSE: CMP) hit a new 52-week high Thursday as it traded at $95.77 compared with its previous 52-Week high of $95.65. Compass Minerals International is changing hands at $95.45 with 63,473 shares traded as of 10:25 a.m. ET. Average volume has been 354,500 shares over the past 30 days. Compass Minerals International has a market cap of $3.1 billion and is part of the basic materials sector and chemicals industry. Shares are up 4.7% year to date as of the close of trading on Wednesday. Compass Minerals International, Inc., through its subsidiaries, engages in the production and marketing of inorganic mineral products in North America and the United Kingdom. The company operates in two segments, Salt and Specialty Fertilizer. The company has a P/E ratio of 20.9, above the average chemicals industry P/E ratio of 20.7 and below the S&P 500 P/E ratio of 23.5. TheStreet Ratings rates Compass Minerals International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Compass Minerals International Ratings Report.