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NEW YORK (

TheStreet

) --

B&G Foods

(NYSE:

BGS

) hit a new 52-week high Monday as it traded at $14.73 compared with its previous 52-Week high of $14.62. B&G is changing hands at $14.72 with 40,333 shares traded as of 9:35 a.m. ET. Average volume has been 396,900 shares over the past 30 days.

B&G has a market cap of $661.7 million and is part of the

consumer goods

sector and

food & beverage

TheStreet Recommends

industry. Shares are up 4.7% year to date as of the close of trading on Friday.

B&G Foods, Inc., together with its subsidiaries, engages in the manufacture, distribution, and sale of shelf-stable foods in the United States, Canada, and Puerto Rico. The company has a P/E ratio of 37.5, above the average food & beverage industry P/E ratio of 36.6 and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates B&G as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, good cash flow from operations and solid stock price performance. 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

B&G Ratings Report

.

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