Pall Stock Hits New 52-Week High (PLL)

NEW YORK ( TheStreet) -- Pall Corporation (NYSE: PLL) hit a new 52-week high Thursday as it is currently trading at $59.63, above its previous 52-week high of $59.50 with 347,501 shares traded as of 11:15 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Pall has a market cap of $6.48 billion and is part of the industrial goods sector and industrial industry. Shares are up 1.3% year to date as of the close of trading on Wednesday.

Pall Corporation, together with its subsidiaries, manufactures and markets filtration, purification, and separation products and integrated systems solutions worldwide. The company has a P/E ratio of 21.9, 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 Pall as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Pall Ratings Report.

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