NEW YORK (
Altria Group Incorporated
) hit a new 52-week high Tuesday as it is currently trading at $28.04, above its previous 52-week high of $28.03 with 3.1 million shares traded as of 10:37 a.m. ET. Average volume has been 12.3 million shares over the past 30 days.
Altria Group has a market cap of $58.5 billion and is part of the
industry. Shares are up 13.5% year to date as of the close of trading on Friday.
Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, wine, and other tobacco products in the United States and internationally. The company has a P/E ratio of 14.5, equal to the average tobacco industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Altria Group as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full
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