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NEW YORK ( TheStreet) -- ConAgra Foods (NYSE: CAG) hit a new 52-week high Tuesday as it is currently trading at $26.73, above its previous 52-week high of $26.72 with 559,817 shares traded as of 10:10 a.m. ET. Average volume has been 3.8 million shares over the past 30 days. ConAgra has a market cap of $10.9 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 0.1% year to date as of the close of trading on Monday. ConAgra Foods, Inc. operates as a food company primarily in North America. It operates in two segments, Consumer Foods and Commercial Foods. The Consumer Foods segment provides branded, private label, and customized food products, which are sold in various retail and foodservice channels. The company has a P/E ratio of 15.2, below the average food & beverage industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.7.