NEW YORK (

TheStreet

) --

Chiquita Brands International

(NYSE:

CQB

) hit a new 52-week high Monday as it traded at $17.05 compared with its previous 52-Week high of $16.87. Chiquita Brands International is changing hands at $17.03 with 43,211 shares traded as of 9:36 a.m. ET. Average volume has been 585,700 shares over the past 30 days.

Chiquita Brands International has a market cap of $718.8 million and is part of the

consumer goods

sector and

food & beverage

industry. Shares are up 17.3% year to date as of the close of trading on Friday.

Chiquita Brands International, Inc., together with its subsidiaries, engages in the distribution and marketing of bananas and fresh produce under the Chiquita and other brand names worldwide. The company operates in three segments: Bananas, Salads and Healthy Snacks, and Other Produce. The company has a P/E ratio of 11.1, below the average food & beverage industry P/E ratio of 14.6 and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Chiquita Brands International as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and feeble growth in the company's earnings per share. You can view the full

Chiquita Brands International Ratings Report

.

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