NEW YORK ( TheStreet) -- United Breweries Company (NYSE: CCU) hit a new 52-week high Wednesday as it is currently trading at $62.80, above its previous 52-week high of $62.71 with 19,044 shares traded as of 3:51 p.m. ET. Average volume has been 41,400 shares over the past 30 days.

United Breweries has a market cap of $3.91 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 3.6% year to date as of the close of trading on Tuesday.

Compania Cervecerias Unidas S.A., through its subsidiaries, produces, bottles, sells, and distributes beverages primarily in Chile and Argentina. The company has a P/E ratio of 38.9, above the average food & beverage industry P/E ratio of 16.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates United Breweries as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, increase in net income and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full United Breweries Ratings Report.

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