Ecolab Stock Hits New 52-Week High (ECL)

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) -- Ecolab (NYSE: ECL) hit a new 52-week high Wednesday as it is currently trading at $69.18, above its previous 52-week high of $68.96 with 146,768 shares traded as of 9:55 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Ecolab has a market cap of $19.85 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 19% year to date as of the close of trading on Tuesday.

Ecolab Inc. develops and markets programs, products, and services for the hospitality, foodservice, healthcare, industrial, and energy markets. The company has a P/E ratio of 38.3, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Ecolab as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, solid stock price performance, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Ecolab Ratings Report.

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