Cooper Companies Stock Hits New 52-Week High (COO)

NEW YORK ( TheStreet) -- Cooper Companies (NYSE: COO) hit a new 52-week high Friday as it is currently trading at $87.79, above its previous 52-week high of $87.54 with 106,509 shares traded as of 1:30 p.m. ET. Average volume has been 422,400 shares over the past 30 days.

Cooper Companies has a market cap of $4.11 billion and is part of the health care sector and health services industry. Shares are up 22.9% year to date as of the close of trading on Thursday.

The Cooper Companies, Inc. engages in the provision of medical devices for healthcare professionals worldwide. The company has a P/E ratio of 22.1, below the average health services industry P/E ratio of 22.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Cooper Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Cooper Companies Ratings Report.

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