Calgon Carbon Stock Hits New 52-Week Low (CCC)

NEW YORK ( TheStreet) -- Calgon Carbon Corporation (NYSE: CCC) hit a new 52-week low Thursday as it is currently trading at $12.59, below its previous 52-week low of $12.60 with 120,419 shares traded as of 2:55 p.m. ET. Average volume has been 342,000 shares over the past 30 days.

Calgon Carbon has a market cap of $741.2 million and is part of the industrial goods sector and industrial industry. Shares are down 17.8% year to date as of the close of trading on Wednesday.

Calgon Carbon Corporation provides services and solutions for purifying water and air, food, beverage, and industrial process streams primarily in the United States, Europe, and Japan. The Company operates in three segments: Activated Carbon and Service, Equipment, and Consumer. The company has a P/E ratio of 18.9, below the average industrial industry P/E ratio of 19.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Calgon Carbon as a hold. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and poor profit margins. You can view the full Calgon Carbon Ratings Report.

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