Colgate-Palmolive Stock Hits New 52-Week High (CL)

NEW YORK ( TheStreet) -- Colgate-Palmolive Company (NYSE: CL) hit a new 52-week high Friday as it is currently trading at $66.11, above its previous 52-week high of $66.05 with 385,991 shares traded as of 9:50 a.m. ET. Average volume has been 3.1 million shares over the past 30 days.

Colgate-Palmolive has a market cap of $60.38 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 26.2% year to date as of the close of trading on Thursday.

Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. The company operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. The company has a P/E ratio of 27.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Colgate-Palmolive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Colgate-Palmolive Ratings Report.

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