NEW YORK (

TheStreet

) --

Universal Corporation

(NYSE:

UVV

) hit a new 52-week high Wednesday as it is currently trading at $47.06, above its previous 52-week high of $46.63 with 16,793 shares traded as of 9:41 a.m. ET. Average volume has been 265,700 shares over the past 30 days.

Universal has a market cap of $1.06 billion and is part of the

consumer goods

sector and

tobacco

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

Universal Corporation, through its subsidiaries, operates as a leaf tobacco merchant and processor primarily in North America, South America, Africa, Europe, and Asia. The company has a P/E ratio of 16.4, equal to the average tobacco industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Universal as a

buy

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, 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 somewhat weak growth in earnings per share. You can view the full

Universal Ratings Report

.

See all

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