Koppers Holdings (NYSE:KOP) hit a new 52-week high Wednesday as it changed hands at $42.75 compared with its previous 52-week high of $42. Koppers is currently trading at $42.75 with 13,116 shares changing hands as of 9:32 a.m..
NEW YORK ( TheStreet) -- Koppers Holdings (NYSE: KOP) hit a new 52-week high Wednesday as it traded at $42.75 compared with its previous 52-Week high of $42. Koppers is changing hands at $42.75 with 13,116 shares traded as of 9:32 a.m. ET. Average volume has been 113,800 shares over the past 30 days. Koppers has a market cap of $858.2 million and is part of the industrial goods sector and materials & construction industry. Shares are up 15.7% year to date as of the close of trading on Tuesday. Koppers Holdings Inc., through its subsidiaries, provides carbon compounds and commercial wood treatment products to aluminum, railroad, specialty chemical, utility, rubber, concrete, and steel industries. The company has a P/E ratio of 33.6, below the average materials & construction industry P/E ratio of 33.9 and above the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Koppers as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations 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 Koppers Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.