NEW YORK ( TheStreet) -- Monster Beverage (Nasdaq: MNST) hit a new 52-week high Monday as it is currently trading at $61.24, above its previous 52-week high of $61.19 with 111,803 shares traded as of 10:05 a.m. ET. Average volume has been 834,400 shares over the past 30 days. Monster Beverage has a market cap of $9.26 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 29.6% year to date as of the close of trading on Friday. Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. The company has a P/E ratio of 39.8, below the average food & beverage industry P/E ratio of 44.9 and above the S&P 500 P/E ratio of 17.7.
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