Ecolab Reaches New 52-Week High (ECL)

NEW YORK ( TheStreet) -- Ecolab (NYSE: ECL) hit a new 52-week high Tuesday as it is currently trading at $62.87, above its previous 52-week high of $62.86 with 644,236 shares traded as of 11:35 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Ecolab has a market cap of $17.87 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 6.9% year to date as of the close of trading on Monday.

Ecolab Inc. develops and markets programs, products, and services for the hospitality, foodservice, healthcare, industrial, and energy markets. The company has a P/E ratio of 32.3, above the average consumer non-durables industry P/E ratio of 32.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ecolab 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 sub par growth in net income. You can view the full Ecolab Ratings Report.

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

null

More from Markets

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices