NEW YORK (

TheStreet

) --

Tyson Foods

(NYSE:

TSN

) hit a new 52-week high Wednesday as it is currently trading at $20.79, above its previous 52-week high of $20.74 with 1.7 million shares traded as of 2 p.m. ET. Average volume has been 3.7 million shares over the past 30 days.

Tyson has a market cap of $6.06 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are up 18.5% year to date as of the close of trading on Tuesday.

Tyson Foods, Inc., together with its subsidiaries, engages in the production, distribution, and marketing of chicken, beef, pork, prepared foods, and related allied products worldwide. The company has a P/E ratio of 10.3, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Tyson as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Tyson Ratings Report

.

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