Georgia Gulf Stock Hits New 52-Week High (GGC)

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) -- Georgia Gulf (NYSE: GGC) hit a new 52-week high Wednesday as it is currently trading at $58.52, above its previous 52-week high of $58.50 with 2.5 million shares traded as of 3:57 p.m. ET. Average volume has been 2.3 million shares over the past 30 days.

Georgia Gulf has a market cap of $1.89 billion and is part of the basic materials sector and chemicals industry. Shares are unchanged year to date as of the close of trading on Tuesday.

Georgia Gulf Corporation engages in the manufacture and marketing of chemicals and building products in the United States and internationally. It operates through three segments: Chlorovinyls, Building Products, and Aromatics. The company has a P/E ratio of 22.5, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Georgia Gulf 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, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Georgia Gulf Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

Analysts' Actions -- Best Buy, GM, Square, Valeant and More

5 Stocks Going Ex-Dividend Tomorrow: CIB, BBVA, VMI, GGC, DHR

Georgia Gulf Corp (GGC): Today's Featured Basic Materials Laggard

4 Stocks Pushing The Chemicals Industry Higher