NEW YORK ( TheStreet) -- Companhia Brasiliera de Distribuicao (NYSE: CBD) hit a new 52-week high Thursday as it is currently trading at $44.40, above its previous 52-week high of $44.36 with 191,590 shares traded as of 3:25 p.m. ET. Average volume has been 558,100 shares over the past 30 days.

Companhia Brasiliera de Distribuicao has a market cap of $11.3 billion and is part of the services sector and retail industry. Shares are up 2.9% year to date as of the close of trading on Wednesday.

Companhia Brasileira de Distribuicao operates as a retailer of food, clothing, home appliances, and other products through its chain of hypermarkets, supermarkets, and specialized and department stores primarily in Brazil. The company has a P/E ratio of 48.5, above the average retail industry P/E ratio of 25.6 and above the S&P 500 P/E ratio of 16.4.
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TheStreet Ratings rates Companhia Brasiliera de Distribuicao as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Companhia Brasiliera de Distribuicao Ratings Report.

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