NEW YORK (

TheStreet

) --

United Natural Foods

(Nasdaq:

UNFI

) hit a new 52-week high Thursday as it is currently trading at $46.09, above its previous 52-week high of $46.05 with 71,659 shares traded as of 10:53 a.m. ET. Average volume has been 354,200 shares over the past 30 days.

United Natural has a market cap of $2.1 billion and is part of the

services

sector and

wholesale

industry. Shares are up 14.1% year to date as of the close of trading on Wednesday.

United Natural Foods, Inc., together with its subsidiaries, engages in the distribution and retail of natural, organic, and specialty foods, as well as non-food products in the United States and Canada. The company has a P/E ratio of 29, above the average wholesale industry P/E ratio of 28.1 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates United Natural as a

buy

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

United Natural Ratings Report

.

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