Pilgrims Pride Stock Hits New 52-Week High (PPC)

NEW YORK ( TheStreet) -- Pilgrims Pride (NYSE: PPC) hit a new 52-week high Tuesday as it is currently trading at $7.85, above its previous 52-week high of $7.80 with 343,839 shares traded as of 10 a.m. ET. Average volume has been 938,700 shares over the past 30 days.

Pilgrims Pride has a market cap of $1.95 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 7.6% year to date as of the close of trading on Monday.

Pilgrim's Corp. produces, processes, markets, and distributes fresh and frozen chicken products to retailers, distributors, and foodservice operators primarily in the United States.

TheStreet Ratings rates Pilgrims Pride as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, disappointing return on equity and poor profit margins. You can view the full Pilgrims Pride Ratings Report.

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