Calumet Specialty Reaches New 52-Week High (CLMT)

NEW YORK ( TheStreet) -- Calumet Specialty Products Partners (Nasdaq: CLMT) hit a new 52-week high Monday as it is currently trading at $24.87, above its previous 52-week high of $24.86 with 15,477 shares traded as of 9:45 a.m. ET. Average volume has been 292,700 shares over the past 30 days.

Calumet Specialty has a market cap of $1.16 billion and is part of the basic materials sector and energy industry. Shares are up 22.7% year to date as of the close of trading on Friday.

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. It operates in two segments, Specialty Products and Fuel Products. The company has a P/E ratio of 25.2, below the average energy industry P/E ratio of 35.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Calumet Specialty as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Calumet Specialty Ratings Report.

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