Mine Safety Stock Hits New 52-Week High (MSA)

NEW YORK ( TheStreet) -- Mine Safety Appliances Company (NYSE: MSA) hit a new 52-week high Wednesday as it is currently trading at $44.25, above its previous 52-week high of $42.47 with 17,818 shares traded as of 9:40 a.m. ET. Average volume has been 144,100 shares over the past 30 days.

Mine Safety has a market cap of $1.48 billion and is part of the health care sector and health services industry. Shares are up 24.1% year to date as of the close of trading on Tuesday.

Mine Safety Appliances Company engages in the development, manufacture, and supply of products that protect people's health and safety in the fire service, homeland security, oil and gas, construction, and other industries, as well as military worldwide. The company has a P/E ratio of 21.5, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Mine Safety as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Mine Safety Ratings Report.

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