Sealed Air Stock Hits New 52-Week High (SEE)

NEW YORK ( TheStreet) -- Sealed Air Corporation (NYSE: SEE) hit a new 52-week high Friday as it is currently trading at $27.46, above its previous 52-week high of $27.27 with 967,818 shares traded as of 10:46 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Sealed Air has a market cap of $5.24 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 52.9% year to date as of the close of trading on Thursday.

Sealed Air Corporation, through its subsidiaries, provides food safety and security, facility hygiene, and product protection solutions worldwide. The company operates through three segments: Food & Beverage (F&B), Institutional & Laundry (I&L), and Protective Packaging.

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TheStreet Ratings rates Sealed Air as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. You can view the full Sealed Air Ratings Report.

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