NEW YORK (

TheStreet

) --

Reynolds American Inc

(NYSE:

RAI

) hit a new 52-week high Tuesday as it is currently trading at $40.82, above its previous 52-week high of $40.80 with 590,012 shares traded as of 10:35 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Reynolds American has a market cap of $23.31 billion and is part of the

consumer goods

sector and

tobacco

industry. Shares are up 23.1% year to date as of the close of trading on Monday.

Reynolds American Inc., through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company has a P/E ratio of 17.6, equal to the average tobacco industry P/E ratio and equal to the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Reynolds American as a

buy

. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Reynolds American Ratings Report

.

See all

52-week high stocks

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