WD-40 Reaches New 52-Week High (WDFC)

NEW YORK ( TheStreet) -- WD-40 Company (Nasdaq: WDFC) hit a new 52-week high Thursday as it is currently trading at $48.98, above its previous 52-week high of $48.74 with 114,368 shares traded as of 10:39 a.m. ET. Average volume has been 53,500 shares over the past 30 days.

WD-40 has a market cap of $766.4 million and is part of the basic materials sector and chemicals industry. Shares are up 18.6% year to date as of the close of trading on Wednesday.

WD-40 Company engages in the production and sale of consumer products. The company has a P/E ratio of 22.4, equal to the average chemicals industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates WD-40 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, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full WD-40 Ratings Report.

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