Huntsman Reaches New 52-Week High (HUN)

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 Monday as it is currently trading at $17.84, above its previous 52-week high of $17.81 with 378,904 shares traded as of 9:56 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Huntsman has a market cap of $4.02 billion and is part of the basic materials sector and chemicals industry. Shares are up 5.5% year to date as of the close of trading on Friday.

Huntsman Corporation engages in the manufacture and sale of differentiated organic and inorganic chemical products worldwide. The company has a P/E ratio of eight, 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. 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 Huntsman Ratings Report.

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