Airgas (NYSE:ARG) hit a new 52-week high Tuesday as it is currently trading at $104.03, above its previous 52-week high of $103.83 with 39,211 shares traded as of 10:05 a.m. ET. Average volume has been 516,200 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) -- Airgas (NYSE: ARG) hit a new 52-week high Tuesday as it is currently trading at $104.03, above its previous 52-week high of $103.83 with 39,211 shares traded as of 10:05 a.m. ET. Average volume has been 516,200 shares over the past 30 days. Airgas has a market cap of $7.8 billion and is part of the basic materials sector and chemicals industry. Shares are up 12.5% year to date as of the close of trading on Friday. Airgas, Inc., through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Airgas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, increase in stock price during the past year 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 Airgas 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.