Balchem Reaches New 52-Week High (BCPC)

NEW YORK ( TheStreet) -- Balchem Corporation (Nasdaq: BCPC) hit a new 52-week high Tuesday as it is currently trading at $40.47, above its previous 52-week high of $40.30 with 36,626 shares traded as of 10:20 a.m. ET. Average volume has been 89,500 shares over the past 30 days.

Balchem has a market cap of $1.1 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 18.6% year to date as of the previous trading day's close.

Balchem Corporation provides specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, and medical sterilization industries in the United States and internationally. The company has a P/E ratio of 33.3, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
  • Practice your BCPC trading strategies and win cash in our stock game.

TheStreet Ratings rates Balchem as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Balchem Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Trump Issues New Trade Threats, Apple, ZTE, GameStop - 5 Things You Must Know

Trump Issues New Trade Threats, Apple, ZTE, GameStop - 5 Things You Must Know

China-Focused Stocks Hit Hard as Beijing Responds to Trump Tariff Threats

China-Focused Stocks Hit Hard as Beijing Responds to Trump Tariff Threats

Asia Markets Fall on Latest Tariff Threats From Trump

Asia Markets Fall on Latest Tariff Threats From Trump

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI