Altria Group Stock Hits New 52-Week High (MO)

NEW YORK ( TheStreet) -- Altria Group (NYSE: MO) hit a new 52-week high Monday as it is currently trading at $36.12, above its previous 52-week high of $36.09 with 1.3 million shares traded as of 10:30 a.m. ET. Average volume has been 10.7 million shares over the past 30 days.

Altria Group has a market cap of $72.5 billion and is part of the consumer goods sector and tobacco industry. Shares are up 21.1% year to date as of the close of trading on Friday.

Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. The company has a P/E ratio of 16.4, below the average tobacco industry P/E ratio of 17.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Altria Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Altria Group Ratings Report.

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