NEW YORK ( TheStreet) -- Clarcor (NYSE: CLC) hit a new 52-week high Monday as it is currently trading at $49.61, above its previous 52-week high of $49.60 with 31,687 shares traded as of 12:08 p.m. ET. Average volume has been 304,200 shares over the past 30 days.

Clarcor has a market cap of $2.41 billion and is part of the industrial goods sector and industrial industry. Shares are up 13.7% year to date as of the close of trading on Friday.

CLARCOR Inc. and its subsidiaries provide filtration products, filtration systems and services, and consumer and industrial packaging products worldwide. The company has a P/E ratio of 21.2, above the average industrial industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Clarcor as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Clarcor Ratings Report.

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