Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Kraft Foods (Nasdaq: KFT) hit a new 52-week high Monday as it is currently trading at $42.52, above its previous 52-week high of $42.44 with 24.1 million shares traded as of 4 p.m. ET. Average volume has been 13.9 million shares over the past 30 days. Kraft has a market cap of $73.11 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 10.3% year to date as of the close of trading on Friday. Kraft Foods Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. The company has a P/E ratio of 20.5, above the average food & beverage industry P/E ratio of 20.3 and above the S&P 500 P/E ratio of 17.7.
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