Agrium Stock Hits New 52-Week High (AGU)

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) -- Agrium (NYSE: AGU) hit a new 52-week high Monday as it is currently trading at $106.14, above its previous 52-week high of $106.10 with 434,844 shares traded as of 10:15 a.m. ET. Average volume has been one million shares over the past 30 days.

Agrium has a market cap of $16.28 billion and is part of the basic materials sector and chemicals industry. Shares are up 53.5% year to date as of the close of trading on Friday.

Agrium Inc. engages in the retail of agricultural products and services worldwide. The company operates in three segments: Retail, Wholesale, and Advanced Technologies. The company has a P/E ratio of 10, below the average chemicals industry P/E ratio of 10.9 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Agrium 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Agrium Ratings Report.

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