NEW YORK ( TheStreet) -- Corn Products International (NYSE: CPO) hit a new 52-week high Friday as it is currently trading at $55.25, above its previous 52-week high of $55 with 496,749 shares traded as of 12:51 p.m. ET. Average volume has been 845,000 shares over the past 30 days.

Corn Products International has a market cap of $4.2 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 19.1% year to date as of the close of trading on Thursday.

Corn Products International, Inc., together with its subsidiaries, manufactures and sells various food ingredients to food and industrial customers in North America, South America, Asia, and Africa. The company has a P/E ratio of 24.7, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.
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TheStreet Ratings rates Corn Products International as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Corn Products International Ratings Report.

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