FMC Reaches New 52-Week High (FMC)

NEW YORK ( TheStreet) -- FMC Corporation (NYSE: FMC) hit a new 52-week high Wednesday as it is currently trading at $108.43, above its previous 52-week high of $108.39 with 172,951 shares traded as of 11:39 a.m. ET. Average volume has been 536,200 shares over the past 30 days.

FMC has a market cap of $7.28 billion and is part of the basic materials sector and chemicals industry. Shares are up 21.7% year to date as of the close of trading on Tuesday.

FMC Corporation, a chemical company, provides solutions, applications, and products for agricultural, consumer, and industrial markets. The company operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. The company has a P/E ratio of 19, below the average chemicals industry P/E ratio of 20.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates FMC 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full FMC Ratings Report.

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