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

NEW YORK ( TheStreet) -- United Breweries Company (NYSE: CCU) hit a new 52-week high Thursday as it is currently trading at $71.05, above its previous 52-week high of $70.89 with 4,900 shares traded as of 10:48 a.m. ET. Average volume has been 38,100 shares over the past 30 days.

United Breweries has a market cap of $4.01 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 11.2% year to date as of the close of trading on Wednesday.

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 43.9, above the average food & beverage industry P/E ratio of 16.7 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 solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. 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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