Rockwood Stock Hits New 52-Week High (ROC)

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) -- Rockwood Holdings (NYSE: ROC) hit a new 52-week high Monday as it is currently trading at $65.23, above its previous 52-week high of $65.16 with 273,744 shares traded as of 12:05 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Rockwood has a market cap of $5.11 billion and is part of the basic materials sector and chemicals industry. Shares are up 30.5% year to date as of the close of trading on Friday.

Rockwood Holdings, Inc. develops, manufactures, and markets specialty chemicals and advanced materials for industrial and commercial applications primarily in Germany, the United States, and Europe. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Rockwood as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Rockwood Ratings Report.

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