NEW YORK ( TheStreet) -- Crown Holdings (NYSE: CCK) hit a new 52-week high Tuesday as it is currently trading at $40.10, above its previous 52-week high of $40 with 891,649 shares traded as of 11:51 a.m. ET. Average volume has been 1.3 million shares over the past 30 days. Crown has a market cap of $6.1 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 18.2% year to date as of the previous trading day's close. Crown Holdings, Inc. engages in the design, manufacture, and sale of packaging products for consumer goods. The company has a P/E ratio of 21.1, above the average consumer non-durables industry P/E ratio of 21 and above the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Crown as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and feeble growth in the company's earnings per share. You can view the full Crown Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.