NEW YORK ( TheStreet) -- Newell Rubbermaid (NYSE: NWL) hit a new 52-week high Wednesday as it traded at $20.10 compared with its previous 52-Week high of $20.02. Newell Rubbermaid is changing hands at $20.07 with 95,086 shares traded as of 9:42 a.m. ET. Average volume has been 3.3 million shares over the past 30 days. Newell Rubbermaid has a market cap of $5.8 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 9.4% year to date as of the close of trading on Tuesday.

Newell Rubbermaid Inc. designs, manufactures, sources, packages, and distributes consumer and commercial products. It operates in three segments: Home & Family; Office Products; and Tools, Hardware & Commercial Products. The company has a P/E ratio of 13.1, below the average consumer durables industry P/E ratio of 20.8 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Newell Rubbermaid as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full Newell Rubbermaid Ratings Report.

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