NEW YORK ( TheStreet) -- Snap-on (NYSE: SNA) hit a new 52-week high Tuesday as it is currently trading at $64.39, above its previous 52-week high of $64.36 with 47,058 shares traded as of 10:24 a.m. ET. Average volume has been 376,600 shares over the past 30 days.

Snap-on has a market cap of $3.67 billion and is part of the industrial goods sector and industrial industry. Shares are up 25.7% year to date as of the close of trading on Monday.

Snap-on Incorporated provides tools, equipment, diagnostics, repair information, and systems solutions for professional users. The company has a P/E ratio of 12.7, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Snap-on as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Snap-on Ratings Report.

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