NEW YORK (

TheStreet

) --

Yum Brands

(NYSE:

YUM

) hit a new 52-week high Wednesday as it is currently trading at $66.19, above its previous 52-week high of $65.99 with 1.1 million shares traded as of 12:35 p.m. ET. Average volume has been 3.3 million shares over the past 30 days.

Yum has a market cap of $28.68 billion and is part of the

services

sector and

leisure

industry. Shares are up 11.8% year to date as of the close of trading on Tuesday.

YUM! Brands, Inc., together with its subsidiaries, operates as a quick service restaurant company in the United States and internationally. The company develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various food items. The company has a P/E ratio of 24.2, below the average leisure industry P/E ratio of 24.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Yum as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Yum Ratings Report

.

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