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NEW YORK ( TheStreet) -- Nalco (NYSE: NLC) hit a new 52-week high Tuesday as it is currently trading at $37.42, above its previous 52-week high of $37.34 with 3.3 million shares traded as of 3:56 p.m. ET. Average volume has been 4.8 million shares over the past 30 days. Nalco has a market cap of $5.1 billion and is part of the basic materials sector and chemicals industry. Shares are up 15.7% year to date as of the close of trading on Monday. Nalco Holding Company engages in the manufacture and sale of specialized service chemical programs worldwide. The company has a P/E ratio of 17.8, equal to the average chemicals industry P/E ratio and equal to the S&P 500 P/E ratio of 17.7.