Mettler-Toledo International Stock Hits New 52-Week High (MTD)

NEW YORK ( TheStreet) -- Mettler-Toledo International (NYSE: MTD) hit a new 52-week high Tuesday as it is currently trading at $177.65, above its previous 52-week high of $177.46 with 14,068 shares traded as of 9:52 a.m. ET. Average volume has been 142,800 shares over the past 30 days.

Mettler-Toledo International has a market cap of $5.7 billion and is part of the health care sector and health services industry. Shares are up 10.6% year to date as of the close of trading on Monday.

Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. The company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics, and food retailing applications. The company has a P/E ratio of 26, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 16.7.
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TheStreet Ratings rates Mettler-Toledo International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Mettler-Toledo International Ratings Report.

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