Sensient Reaches New 52-Week High (SXT)

NEW YORK ( TheStreet) -- Sensient Technologies Corporation (NYSE: SXT) hit a new 52-week high Wednesday as it is currently trading at $40.40, above its previous 52-week high of $40.36 with 149,735 shares traded as of 12:24 p.m. ET. Average volume has been 241,700 shares over the past 30 days.

Sensient has a market cap of $1.98 billion and is part of the basic materials sector and chemicals industry. Shares are up 4.5% year to date as of the close of trading on Tuesday.

Sensient Technologies Corporation and its subsidiaries engage in the manufacture and sale of colors, flavors, and fragrances worldwide. The company has a P/E ratio of 16.8, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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

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