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) -- Kroger (NYSE: KR) hit a new 52-week high Wednesday as it is currently trading at $25.20, above its previous 52-week high of $24.84 with 2.5 million shares traded as of 10:05 a.m. ET. Average volume has been 5.6 million shares over the past 30 days. Kroger has a market cap of $12.36 billion and is part of the services sector and retail industry. Shares are up 0.9% year to date as of the close of trading on Tuesday. The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. The company has a P/E ratio of 20.7, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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