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NEW YORK ( TheStreet) -- Treehouse Foods (NYSE: THS) hit a new 52-week high Wednesday as it is currently trading at $64.50, above its previous 52-week high of $64.45 with 31,314 shares traded as of 10:13 a.m. ET. Average volume has been 280,200 shares over the past 30 days. Treehouse has a market cap of $2.18 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 23.2% year to date as of the close of trading on Tuesday. TreeHouse Foods, Inc. operates as a food manufacturing company servicing primarily the retail grocery and foodservice distribution channels in the United States and Canada. The company has a P/E ratio of 25, above the average food & beverage industry P/E ratio of 24.2 and above the S&P 500 P/E ratio of 17.7.