Airgas Stock Hits New 52-Week High (ARG)

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) -- Airgas (NYSE: ARG) hit a new 52-week high Friday as it is currently trading at $97.69, above its previous 52-week high of $97.68 with 212,671 shares traded as of 2:30 p.m. ET. Average volume has been 576,400 shares over the past 30 days.

Airgas has a market cap of $7.59 billion and is part of the services sector and wholesale industry. Shares are up 6.4% year to date as of the close of trading on Thursday.

Airgas, Inc., through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. The company has a P/E ratio of 22.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Airgas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins 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 Airgas Ratings Report.

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