FMC Corporation (NYSE:FMC) hit a new 52-week high Thursday as it is currently trading at $63.42, above its previous 52-week high of $63.39 with 340,145 shares traded as of 11:40 a.m. ET. Average volume has been 933,300 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) -- FMC Corporation (NYSE: FMC) hit a new 52-week high Thursday as it is currently trading at $63.42, above its previous 52-week high of $63.39 with 340,145 shares traded as of 11:40 a.m. ET. Average volume has been 933,300 shares over the past 30 days. FMC has a market cap of $8.56 billion and is part of the basic materials sector and chemicals industry. Shares are up 7.5% year to date as of the close of trading on Wednesday. FMC Corporation, a diversified chemical company, provides solutions and products for agricultural, consumer, and industrial markets. It operates in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates FMC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full FMC 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.