NACCO Stock Hits New 52-Week High (NC)

NEW YORK ( TheStreet) -- NACCO Industries (NYSE: NC) hit a new 52-week high Monday as it is currently trading at $119.31, above its previous 52-week high of $119.25 with 21,240 shares traded as of 4:02 p.m. ET. Average volume has been 35,800 shares over the past 30 days.

NACCO has a market cap of $656.1 million and is part of the industrial goods sector and industrial industry. Shares are up 30.5% year to date as of the close of trading on Friday.

NACCO Industries, Inc. engages in lift trucks, small appliances, specialty retail, and mining businesses worldwide. The company has a P/E ratio of 6.1, above the average industrial industry P/E ratio of 5.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NACCO as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full NACCO Ratings Report.

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