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NEW YORK ( TheStreet) -- Sanderson Farms (Nasdaq: SAFM) hit a new 52-week high Monday as it is currently trading at $49.86, above its previous 52-week high of $49.75 with 30,563 shares traded as of 10:19 a.m. ET. Average volume has been 389,900 shares over the past 30 days. Sanderson Farms has a market cap of $1.1 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 26.9% year to date as of the close of trading on Friday. Sanderson Farms, Inc., an integrated poultry processing company, engages in the production, processing, marketing, and distribution of fresh, frozen, processed, and prepared chicken products.