NEW YORK ( TheStreet) -- Monsanto Company (NYSE: MON) hit a new 52-week high Thursday as it is currently trading at $77.10, above its previous 52-week high of $77.09 with three million shares traded as of 1:30 p.m. ET. Average volume has been 5.6 million shares over the past 30 days. Monsanto has a market cap of $39 billion and is part of the basic materials sector and chemicals industry. Shares are up 6.6% year to date as of the close of trading on Wednesday. Monsanto Company, together with its subsidiaries, provides agricultural products for farmers in the United States and internationally. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The company has a P/E ratio of 24.6, equal to the average chemicals industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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