Procter & Gamble Stock Hits New 52-Week High (PG)

NEW YORK ( TheStreet) -- Procter & Gamble (NYSE: PG) hit a new 52-week high Tuesday as it is currently trading at $67.85, above its previous 52-week high of $67.78 with 33,344 shares traded as of 9:30 a.m. ET. Average volume has been 10.3 million shares over the past 30 days.

Procter & Gamble has a market cap of $177.46 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 1.5% year to date as of the close of trading on Monday.

The Procter & Gamble Company provides consumer packaged goods in the United States and internationally. The company has a P/E ratio of 19.7, above the average consumer non-durables industry P/E ratio of 16.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Procter & Gamble Ratings Report.

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