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) -- Eli Lilly and Company (NYSE: LLY) hit a new 52-week high Tuesday as it is currently trading at $52.67, above its previous 52-week high of $50.94 with 11.7 million shares traded as of 10:36 a.m. ET. Average volume has been 7.2 million shares over the past 30 days. Eli Lilly and has a market cap of $55.97 billion and is part of the health care sector and drugs industry. Shares are up 16% year to date as of the close of trading on Monday. Eli Lilly and Company discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company has a P/E ratio of 13.4, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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