Mettler-Toledo International Stock Hits New 52-Week High (MTD)

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) -- Mettler-Toledo International (NYSE: MTD) hit a new 52-week high Thursday as it is currently trading at $207, above its previous 52-week high of $206.27 with 50,533 shares traded as of 11:40 a.m. ET. Average volume has been 187,300 shares over the past 30 days.

Mettler-Toledo International has a market cap of $6.25 billion and is part of the health care sector and health services industry. Shares are up 5.6% year to date as of the close of trading on Wednesday.

Mettler-Toledo International Inc. supplies precision instruments and services worldwide. The company has a P/E ratio of 23.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Mettler-Toledo International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Mettler-Toledo International Ratings Report.

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