United Breweries Stock Hits New 52-Week High (CCU)

NEW YORK ( TheStreet) -- United Breweries Company (NYSE: CCU) hit a new 52-week high Wednesday as it is currently trading at $63.71, above its previous 52-week high of $63.70 with 24,755 shares traded as of 3:55 p.m. ET. Average volume has been 36,500 shares over the past 30 days.

United Breweries has a market cap of $3.94 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 2.1% 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 39.4, above the average food & beverage industry P/E ratio of 16.3 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, solid stock price performance, reasonable valuation levels and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full United Breweries Ratings Report.

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