NEW YORK ( TheStreet) -- Calgon Carbon Corporation (NYSE: CCC) hit a new 52-week high Wednesday as it is currently trading at $17.88, above its previous 52-week high of $17.69 with 158,120 shares traded as of 9:41 a.m. ET. Average volume has been 771,500 shares over the past 30 days.

Calgon Carbon has a market cap of $949.5 million and is part of the industrial goods sector and industrial industry. Shares are up 15.3% year to date as of the close of trading on Tuesday.

Calgon Carbon Corporation provides services, products, and solutions for purifying water, air, food, beverage, and industrial process streams in the United States and internationally. The company operates through three segments: Activated Carbon and Service, Equipment, and Consumer. The company has a P/E ratio of 27.6, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.
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TheStreet Ratings rates Calgon Carbon as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Calgon Carbon Ratings Report.

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