Core Laboratories N.V Stock Hits New 52-Week High (CLB)

NEW YORK ( TheStreet) -- Core Laboratories N.V (NYSE: CLB) hit a new 52-week high Thursday as it is currently trading at $135.65, above its previous 52-week high of $135.40 with 134,922 shares traded as of 11:54 a.m. ET. Average volume has been 401,100 shares over the past 30 days.

Core Laboratories N.V has a market cap of $6.32 billion and is part of the basic materials sector and energy industry. Shares are up 16.1% year to date as of the close of trading on Wednesday.

Core Laboratories N.V. engages in the provision of reservoir description, production enhancement, and reservoir management services to the oil and gas industry worldwide. The company has a P/E ratio of 34.4, below the average energy industry P/E ratio of 34.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Core Laboratories N.V as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Core Laboratories N.V Ratings Report.

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

If you liked this article you might like

The Bottom? Not So Fast: Cramer's 'Mad Money' Recap (Tuesday 2/6/18)

The Bottom? Not So Fast: Cramer's 'Mad Money' Recap (Tuesday 2/6/18)

Energize Your Portfolio With 12 Stock Picks in Oil, Gas and Drilling Services

Energize Your Portfolio With 12 Stock Picks in Oil, Gas and Drilling Services

Floor & Decor, Chegg, Core Labs, Cedar Fair: 'Mad Money' Lightning Round

Floor & Decor, Chegg, Core Labs, Cedar Fair: 'Mad Money' Lightning Round

Market's Animal Spirits Roar: Cramer's 'Mad Money' Recap (Thursday 1/11/18)

Market's Animal Spirits Roar: Cramer's 'Mad Money' Recap (Thursday 1/11/18)

The Stock Market Is Surging and Yes, You Can Still Make Money: Market Recon

The Stock Market Is Surging and Yes, You Can Still Make Money: Market Recon