Huntsman Corporation (NYSE:HUN) hit a new 52-week high Friday as it is currently trading at $16.23, above its previous 52-week high of $15.98 with 751,084 shares traded as of 10:10 a.m. ET. Average volume has been 3.6 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- Huntsman Corporation (NYSE: HUN) hit a new 52-week high Friday as it is currently trading at $16.23, above its previous 52-week high of $15.98 with 751,084 shares traded as of 10:10 a.m. ET. Average volume has been 3.6 million shares over the past 30 days. Huntsman has a market cap of $3.78 billion and is part of the basic materials sector and chemicals industry. Shares are up 56.8% year to date as of the close of trading on Thursday. Huntsman Corporation engages in the manufacture and sale of differentiated organic and inorganic chemical products worldwide. The company has a P/E ratio of 11.1, above the average chemicals industry P/E ratio of 10.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Huntsman as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, increase in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Huntsman Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.