NEW YORK ( TheStreet) -- Monster Beverage (Nasdaq: MNST) hit a new 52-week high Friday as it is currently trading at $64.31, above its previous 52-week high of $64.22 with 369,313 shares traded as of 11:45 a.m. ET. Average volume has been 1.3 million shares over the past 30 days. Monster Beverage has a market cap of $10.96 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 35.8% year to date as of the close of trading on Thursday. 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 41.3, above the average food & beverage industry P/E ratio of 41.1 and above the S&P 500 P/E ratio of 17.7.
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