NEW YORK ( TheStreet) -- Constellation Brands (NYSE: STZ) hit a new 52-week high Thursday as it is currently trading at $23.23, above its previous 52-week high of $23.19 with 661,741 shares traded as of 12:10 p.m. ET. Average volume has been 1.6 million shares over the past 30 days. Constellation has a market cap of $3.69 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 10.4% year to date as of the close of trading on Wednesday. Constellation Brands, Inc. produces and markets alcoholic beverages primarily in the United States, Canada, and New Zealand. It offers wine, spirits, and imported beer. The company has a P/E ratio of 7.7, above the average food & beverage industry P/E ratio of 7.2 and below the S&P 500 P/E ratio of 17.7.
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