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Shares of Mine Safety Appliances (NYSE:MSA) reached a new 52-week high on Tuesday , American Banking & Market News reports. The stock traded as high as $59.65 and last traded at $59.55, with a volume of 66,471 shares traded. The stock had previously closed at $57.48.

Separately, analysts at Zacks downgraded shares of Mine Safety Appliances from a “neutral” rating to an “underperform” rating in a research note on Monday, April 28th. They now have a $52.80 price target on the stock.

The stock has a 50-day moving average of $55.10 and a 200-day moving average of $53.41. The company has a market cap of $2.228 billion and a price-to-earnings ratio of 26.17.

Mine Safety Appliances (NYSE:MSA) last announced its earnings results on Tuesday, April 22nd. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.19. During the same quarter in the previous year, the company posted $0.52 earnings per share. On average, analysts predict that Mine Safety Appliances will post $2.41 earnings per share for the current fiscal year.

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety.

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