Ecolab Stock Hits New 52-Week High (ECL)

NEW YORK ( TheStreet) -- Ecolab (NYSE: ECL) hit a new 52-week high Thursday as it is currently trading at $62.90, above its previous 52-week high of $62.88 with 446,843 shares traded as of 1:35 p.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Ecolab has a market cap of $18.12 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 8.4% year to date as of the close of trading on Wednesday.

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 32.5, equal to the average consumer non-durables industry P/E ratio 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.

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