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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) -- Sherwin-Williams Company (NYSE: SHW) hit a new 52-week high Friday as it is currently trading at $163.15, above its previous 52-week high of $163.14 with 231,003 shares traded as of 10:50 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Sherwin-Williams has a market cap of $16.65 billion and is part of the basic materials sector and chemicals industry. Shares are up 5% year to date as of the close of trading on Thursday. The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean region, Europe, and Asia. The company has a P/E ratio of 29.2, above the S&P 500 P/E ratio of 17.7.