NEW YORK ( TheStreet) -- Constellation Brands (NYSE: STZ) hit a new 52-week high Friday as it is currently trading at $29.18, above its previous 52-week high of $28.97 with 529,917 shares traded as of 9:55 a.m. ET. Average volume has been 3.1 million shares over the past 30 days. Constellation has a market cap of $4.24 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 33.6% year to date as of the close of trading on Thursday. Constellation Brands, Inc. produces and markets beverage alcohol in the United States and internationally. The company has a P/E ratio of 12.8, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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