NEW YORK ( TheStreet) -- Dynamic Materials Corporation (Nasdaq: BOOM) hit a new 52-week high Friday as it traded at $24.97 compared with its previous 52-Week high of $24.80. Dynamic is changing hands at $24.90 with 372,183 shares traded as of 3:05 p.m. ET. Average volume has been 124,200 shares over the past 30 days.

Dynamic has a market cap of $272.1 million and is part of the basic materials sector and metals & mining industry. Shares are down 4% year to date as of the close of trading on Thursday.

Dynamic Materials Corporation provides explosion-welded clad metal plates and welding services worldwide. The company operates through three segments: Explosive Metalworking, Oilfield Products, and AMK Welding. The company has a P/E ratio of 54.2, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 22.6.

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

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