NEW YORK ( TheStreet) -- Seaboard Corporation (AMEX: SEB) hit a new 52-week high Friday as it is currently trading at $2474.99, above its previous 52-week high of $2470 with 246 shares traded as of 3:38 p.m. ET. Average volume has been 1,100 shares over the past 30 days. Seaboard has a market cap of $2.9 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 24% year to date as of the close of trading on Thursday. Seaboard Corporation operates as a diversified agribusiness and transportation company worldwide. The company has a P/E ratio of 8.7, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Seaboard as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Seaboard Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.