NEW YORK (

TheStreet

) --

Philip Morris International

(NYSE:

PM

) hit a new 52-week high Tuesday as it is currently trading at $73.81, above its previous 52-week high of $73.46 with 292,940 shares traded as of 9:36 a.m. ET. Average volume has been 8.3 million shares over the past 30 days.

Philip Morris International has a market cap of $125.06 billion and is part of the

consumer goods

sector and

tobacco

industry. Shares are up 24.9% year to date as of the close of trading on Monday.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. The company has a P/E ratio of 15.1, below the average tobacco industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Philip Morris International as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. 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

Philip Morris International Ratings Report

.

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