Corn Products International Stock Hits New 52-Week High (CPO)

NEW YORK ( TheStreet) -- Corn Products International (NYSE: CPO) hit a new 52-week high Thursday as it is currently trading at $58.51, above its previous 52-week high of $58 with 120,794 shares traded as of 10:11 a.m. ET. Average volume has been 637,500 shares over the past 30 days.

Corn Products International has a market cap of $4.4 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 24.7% year to date as of the close of trading on Wednesday.

Corn Products International, Inc., together with its subsidiaries, manufactures and sells various ingredients to food and industrial customers in North America, South America, Asia, Africa, and Europe. The company has a P/E ratio of 16, 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 Corn Products International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, robust revenue growth, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Corn Products International Ratings Report.

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