FMC Stock Hits New 52-Week High (FMC)

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) -- FMC Corporation (NYSE: FMC) hit a new 52-week high Friday as it is currently trading at $62.15, above its previous 52-week high of $62.06 with 101,919 shares traded as of 10:21 a.m. ET. Average volume has been 741,100 shares over the past 30 days.

FMC has a market cap of $8.46 billion and is part of the basic materials sector and chemicals industry. Shares are up 5.2% year to date as of the close of trading on Thursday.

FMC Corporation, a diversified chemical company, provides solutions and products for agricultural, consumer, and industrial markets. The company operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates FMC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full FMC Ratings Report.

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