Clean Harbors Reaches New 52-Week High (CLH)

NEW YORK ( TheStreet) -- Clean Harbors (NYSE: CLH) hit a new 52-week high Wednesday as it is currently trading at $68.89, above its previous 52-week high of $67.60 with 319,850 shares traded as of 10:09 a.m. ET. Average volume has been 360,300 shares over the past 30 days.

Clean Harbors has a market cap of $3.47 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 2.9% year to date as of the close of trading on Tuesday.

Clean Harbors, Inc., through its subsidiaries, provides environmental, energy, and industrial services. The company has a P/E ratio of 31.7, above the average materials & construction industry P/E ratio of 30.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Clean Harbors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Clean Harbors Ratings Report.

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