Mettler-Toledo International Stock Hits New 52-Week High (MTD)
Mettler-Toledo International (NYSE:MTD) hit a new 52-week high Wednesday as it is currently trading at $228.24, above its previous 52-week high of $227.19 with 26,594 shares traded as of 11:49 a.m. ET. Average volume has been 209,100 shares over the past 30 days.
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) -- Mettler-Toledo International (NYSE: MTD) hit a new 52-week high Wednesday as it is currently trading at $228.24, above its previous 52-week high of $227.19 with 26,594 shares traded as of 11:49 a.m. ET. Average volume has been 209,100 shares over the past 30 days. Mettler-Toledo International has a market cap of $6.77 billion and is part of the health care sector and health services industry. Shares are up 17.3% year to date as of the close of trading on Tuesday. Mettler-Toledo International Inc. supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company has a P/E ratio of 24.3, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Mettler-Toledo International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, good cash flow from operations, growth in earnings per share and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Mettler-Toledo International Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.