Bunge (NYSE:BG) hit a new 52-week high Tuesday as it is currently trading at $70.22, above its previous 52-week high of $70.20 with 647,225 shares traded as of 12:46 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.
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) -- Bunge (NYSE: BG) hit a new 52-week high Tuesday as it is currently trading at $70.22, above its previous 52-week high of $70.20 with 647,225 shares traded as of 12:46 p.m. ET. Average volume has been 1.1 million shares over the past 30 days. Bunge has a market cap of $10.01 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 20.9% year to date as of the close of trading on Monday. Bunge Limited, through its subsidiaries, engages in the agriculture and food businesses worldwide. The company has a P/E ratio of 13.9, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
TheStreet Ratings rates Bunge as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Bunge Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.