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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.