Pentair Reaches New 52-Week High (PNR)

NEW YORK ( TheStreet) -- Pentair (NYSE: PNR) hit a new 52-week high Thursday as it is currently trading at $60.21, above its previous 52-week high of $60.14 with 671,920 shares traded as of 2:15 p.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Pentair has a market cap of $12.03 billion and is part of the industrial goods sector and industrial industry. Shares are up 19.7% year to date as of the close of trading on Wednesday.

Pentair Ltd. delivers products, services, and solutions for water and other fluids, thermal management, and equipment protection in the United States, Europe, Asia, and other regions.

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TheStreet Ratings rates Pentair as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Pentair Ratings Report.

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