Stepan Stock Hits New 52-Week High (SCL)

NEW YORK ( TheStreet) -- Stepan Company (NYSE: SCL) hit a new 52-week high Thursday as it is currently trading at $93.85, above its previous 52-week high of $93.43 with 14,059 shares traded as of 11:45 a.m. ET. Average volume has been 31,400 shares over the past 30 days.

Stepan has a market cap of $925.4 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 11.6% year to date as of the close of trading on Wednesday.

Stepan Company, together with its subsidiaries, engages in the production and sale of specialty and intermediate chemicals to manufacturers in various industries worldwide. The company has a P/E ratio of 13.3, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Stepan 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 low profit margins. You can view the full Stepan Ratings Report.

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