Myers Stock Hits New 52-Week High (MYE)

NEW YORK ( TheStreet) -- Myers Industries (NYSE: MYE) hit a new 52-week high Tuesday as it is currently trading at $17.70, above its previous 52-week high of $17.69 with 83,260 shares traded as of 2:03 p.m. ET. Average volume has been 186,800 shares over the past 30 days.

Myers has a market cap of $554.3 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 34% year to date as of the close of trading on Monday.

Myers Industries, Inc. manufactures and distributes polymer products for the industrial, agricultural, automotive, commercial, and consumer markets primarily in the North, Central, and South America. The company has a P/E ratio of 21.5, above the average consumer non-durables industry P/E ratio of 20.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Myers 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. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Myers Ratings Report.

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

null

More from Markets

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

Global Markets Hit Hard; AMC Entertainment Sells Stake in Ad Unit -- ICYMI

Global Markets Hit Hard; AMC Entertainment Sells Stake in Ad Unit -- ICYMI

CVS, Walgreens and Citigroup: Cramer's 'Off the Charts'

CVS, Walgreens and Citigroup: Cramer's 'Off the Charts'

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

General Electric Booted From Dow, Replaced by Walgreens

General Electric Booted From Dow, Replaced by Walgreens