NEW YORK (

TheStreet

) --

Kroger Company

(NYSE:

KR

) hit a new 52-week high Tuesday as it traded at $24.15 compared with its previous 52-Week high of $24.14. Kroger is changing hands at $24.16 with 3.5 million shares traded as of 12:07 p.m. ET. Average volume has been 7.6 million shares over the past 30 days.

Kroger has a market cap of $15.1 billion and is part of the

services

sector and

retail

industry. Shares are up 5.9% year to date as of the close of trading on Monday.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. It operates supermarkets in various formats. The company has a P/E ratio of 13.6, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 16.2.

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TheStreet Ratings rates Kroger as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and growth in earnings per share. 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

Kroger Ratings Report

.

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