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NEW YORK ( TheStreet) -- J.M. Smucker (NYSE: SJM) hit a new 52-week high Monday as it traded at $72.10 compared with its previous 52-Week high of $72.08. J.M. Smucker is changing hands at $72.02 with 322,199 shares traded as of 12:06 p.m. ET. Average volume has been 726,800 shares over the past 30 days. J.M. Smucker has a market cap of $8 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 7.3% year to date as of the close of trading on Friday. The J. M. Smucker Company engages in the manufacture and marketing of branded food products in the United States and internationally. The company has a P/E ratio of 16.3, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 15.8.