NEW YORK ( TheStreet) -- The Coca-Cola (NYSE: KO) hit a new 52-week high Monday as it is currently trading at $69.85, above its previous 52-week high of $69.82 with 5.7 million shares traded as of 2:40 p.m. ET. Average volume has been 10.1 million shares over the past 30 days.

The Coca-Cola has a market cap of $156.1 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 4.2% year to date as of the close of trading on Friday.

The Coca-Cola Company manufactures, distributes, and markets nonalcoholic beverage concentrates and syrups worldwide. It principally offers sparkling and still beverages. The company has a P/E ratio of 12.7, 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 The Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, good cash flow from operations and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full The Coca-Cola Ratings Report.

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