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NEW YORK ( TheStreet) -- Sara Lee Corporation (NYSE: SLE) hit a new 52-week high Thursday as it is currently trading at $22.05, above its previous 52-week high of $22.04 with 3.8 million shares traded as of 2:20 p.m. ET. Average volume has been 6.6 million shares over the past 30 days. Sara Lee has a market cap of $12.84 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 15.6% year to date as of the close of trading on Wednesday. Sara Lee Corporation engages in the manufacture and marketing of a range of branded packaged meat, bakery, and beverage products worldwide. The company has a P/E ratio of 70, below the average food & beverage industry P/E ratio of 83.5 and above the S&P 500 P/E ratio of 17.7.