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) -- Ecolab (NYSE: ECL) hit a new 52-week high Thursday as it is currently trading at $78.11, above its previous 52-week high of $78.04 with 350,691 shares traded as of 11:20 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Ecolab has a market cap of $22.79 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 8% year to date as of the close of trading on Wednesday. Ecolab Inc. develops and markets programs, products, and services for the hospitality, foodservice, healthcare, industrial, and energy markets. The company has a P/E ratio of 32.9, above the S&P 500 P/E ratio of 17.7.