United Breweries Stock Hits New 52-Week High (CCU) - TheStreet

NEW YORK (

TheStreet

) --

United Breweries Company

(NYSE:

CCU

) hit a new 52-week high Tuesday as it is currently trading at $74.39, above its previous 52-week high of $74.16 with 50,628 shares traded as of 2:50 p.m. ET. Average volume has been 38,100 shares over the past 30 days.

United Breweries has a market cap of $4.01 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are up 10.8% year to date as of the close of trading on Monday.

Compania Cervecerias Unidas S.A., through its subsidiaries, produces, bottles, sells, and distributes beverages primarily in Chile and Argentina. The company has a P/E ratio of 44.5, above the average food & beverage industry P/E ratio of 16.7 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates United Breweries as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. 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

United Breweries Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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