Cooper Companies Reaches New 52-Week High (COO)

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) -- Cooper Companies (NYSE: COO) hit a new 52-week high Tuesday as it is currently trading at $97.08, above its previous 52-week high of $95.92 with 215,972 shares traded as of 10:40 a.m. ET. Average volume has been 460,900 shares over the past 30 days.

Cooper Companies has a market cap of $4.52 billion and is part of the health care sector and health services industry. Shares are up 33.4% year to date as of the close of trading on Monday.

The Cooper Companies, Inc. engages in the provision of medical devices for healthcare professionals worldwide. The company has a P/E ratio of 19.8, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cooper Companies 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, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Cooper Companies Ratings Report.

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