NEW YORK ( TheStreet) -- Blount International (NYSE: BLT) hit a new 52-week high Thursday as it is currently trading at $17.49, above its previous 52-week high of $17.47 with 13,318 shares traded as of 10:09 a.m. ET. Average volume has been 200,400 shares over the past 30 days.

Blount International has a market cap of $839.1 million and is part of the consumer goods sector and consumer durables industry. Shares are up 9.6% year to date as of the close of trading on Wednesday.

Blount International Inc., together with its subsidiaries, manufactures and sells equipment, accessories, and replacement parts to the forestry, yard care, and general contractor industries worldwide. The company has a P/E ratio of 17.6, above the average consumer durables industry P/E ratio of 15.7 and equal to the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Blount International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, robust revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Blount International Ratings Report.

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