Clorox Stock Hits New 52-Week High (CLX)

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) -- Clorox Company (NYSE: CLX) hit a new 52-week high Thursday as it is currently trading at $87.66, above its previous 52-week high of $87.59 with 49,770 shares traded as of 10:16 a.m. ET. Average volume has been 894,100 shares over the past 30 days.

Clorox has a market cap of $11.46 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 19.3% year to date as of the close of trading on Wednesday.

The Clorox Company manufactures and markets consumer and professional products worldwide. The company has a P/E ratio of 20.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Clorox as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth, good cash flow from operations, solid stock price performance and growth in earnings per share. 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 Clorox Ratings Report.

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