NEW YORK ( TheStreet) -- Green Mountain Coffee Roasters (Nasdaq: GMCR) hit a new 52-week high Thursday as it traded at $62.84 compared with its previous 52-Week high of $62.37. Green Mountain Coffee Roasters is changing hands at $62.17 with 76,404 shares traded as of 9:31 a.m. ET. Average volume has been 4.2 million shares over the past 30 days. Green Mountain Coffee Roasters has a market cap of $8.4 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 86.8% year to date as of the close of trading on Wednesday. Green Mountain Coffee Roasters, Inc. operates in the specialty coffee industry in the United States and internationally. It sells approximately 200 whole bean and ground coffee selections, cocoa, teas, and coffees. The company has a P/E ratio of 111.3, below the average food & beverage industry P/E ratio of 115.7 and above the S&P 500 P/E ratio of 15.9. TheStreet Ratings rates Green Mountain Coffee Roasters as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations 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 Green Mountain Coffee Roasters Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.