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) -- HJ Heinz Company (NYSE: HNZ) hit a new 52-week high Thursday as it is currently trading at $58.32, above its previous 52-week high of $58.31 with 1.2 million shares traded as of 2:55 p.m. ET. Average volume has been 1.8 million shares over the past 30 days. HJ Heinz has a market cap of $18.32 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 6.5% year to date as of the close of trading on Wednesday. H. J. Heinz Company, together with its subsidiaries, manufactures and markets food products for consumers, and foodservice and institutional customers in North America, Europe, the Asia Pacific, and internationally. The company has a P/E ratio of 19.5, above the average food & beverage industry P/E ratio of 19.4 and above 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.