- Practice your MCD trading strategies and win cash in our stock game.
NEW YORK ( TheStreet) -- McDonald's Corporation (NYSE: MCD) hit a new 52-week high Friday as it is currently trading at $91.80, above its previous 52-week high of $91.22 with 3.5 million shares traded as of 10:05 a.m. ET. Average volume has been 7.7 million shares over the past 30 days. McDonald's has a market cap of $92.5 billion and is part of the services sector and leisure industry. Shares are up 16.8% year to date as of the close of trading on Thursday. McDonald's Corporation, together with its subsidiaries, operates as a foodservice retailer worldwide. It franchises and operates McDonald's restaurants that offer various food items, soft drinks, coffee, desserts, snacks, and other beverages, as well as full or limited breakfast menu. The company has a P/E ratio of 18.1, equal to the average leisure industry P/E ratio and above the S&P 500 P/E ratio of 17.7.