NACCO Stock Hits New 52-Week High (NC)

NEW YORK ( TheStreet) -- NACCO Industries (NYSE: NC) hit a new 52-week high Thursday as it traded at $122.52 compared with its previous 52-Week high of $121.73. NACCO is changing hands at $122.11 with 17,610 shares traded as of 2:17 p.m. ET. Average volume has been 20,400 shares over the past 30 days. NACCO has a market cap of $741.4 million and is part of the industrial goods sector and industrial industry. Shares are up 10.6% year to date as of the close of trading on Wednesday.

NACCO Industries, Inc., through its subsidiaries, engages in lift trucks, small appliances, specialty retail, and mining businesses primarily in the Americas, Europe, and the Asia-Pacific. The company has a P/E ratio of 14.8, above the average industrial industry P/E ratio of 10.9 and below the S&P 500 P/E ratio of 23.3.

TheStreet Ratings rates NACCO as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full NACCO Ratings Report.

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