Companhia Brasiliera De Distribuicao Stock Hits New 52-Week High (CBD)

NEW YORK ( TheStreet) -- Companhia Brasiliera de Distribuicao (NYSE: CBD) hit a new 52-week high Tuesday as it is currently trading at $46.33, above its previous 52-week high of $46.27 with 2.2 million shares traded as of 1:25 p.m. ET. Average volume has been 782,500 shares over the past 30 days.

Companhia Brasiliera de Distribuicao has a market cap of $10.7 billion and is part of the services sector and retail industry. Shares are down 1.4% year to date as of the close of trading on Monday.

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 24.4 and above the S&P 500 P/E ratio of 17.7.
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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, attractive valuation levels, increase in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Companhia Brasiliera de Distribuicao Ratings Report.

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