NEW YORK (

TheStreet

) --

Coca-Cola Company

(NYSE:

KO

) hit a new 52-week high Wednesday as it traded at $65.89 compared with its previous 52-Week high of $65.88. Coca-Cola is changing hands at $65.88 with 519,847 shares traded as of 9:48 a.m. ET. Average volume has been nine million shares over the past 30 days.

Coca-Cola has a market cap of $149.3 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are down 0.1% year to date as of the close of trading on Tuesday.

The Coca-Cola Company manufactures, distributes, and markets nonalcoholic beverage concentrates and syrups worldwide. It principally offers sparkling and still beverages. The company has a P/E ratio of 12.8, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 16.1.

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TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, compelling growth in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Coca-Cola Ratings Report

.

See all

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