Kimberly-Clark Reaches New 52-Week High (KMB)

NEW YORK ( TheStreet) -- Kimberly-Clark Corporation (NYSE: KMB) hit a new 52-week high Friday as it is currently trading at $74.31, above its previous 52-week high of $74.25 with 979,510 shares traded as of 11:30 a.m. ET. Average volume has been 2.4 million shares over the past 30 days.

Kimberly-Clark has a market cap of $28.48 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 0.4% year to date as of the close of trading on Thursday.

Kimberly-Clark Corporation, together with its subsidiaries, engages in manufacturing and marketing health care products worldwide. The company operates in four segments: Personal Care, Consumer Tissue, K-C Professional and Other, and Health Care. The company has a P/E ratio of 18.5, above the average consumer non-durables industry P/E ratio of 17.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Kimberly-Clark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Kimberly-Clark Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing