Bunge (NYSE:BG) hit a new 52-week high Friday as it is currently trading at $74.24, above its previous 52-week high of $74.18 with 235,585 shares traded as of 11:05 a.m. ET. Average volume has been 871,600 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 Friday as it is currently trading at $74.24, above its previous 52-week high of $74.18 with 235,585 shares traded as of 11:05 a.m. ET. Average volume has been 871,600 shares over the past 30 days. Bunge has a market cap of $10.8 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 1.7% year to date as of the close of trading on Thursday. Bunge Limited, through its subsidiaries, engages in the agriculture and food businesses worldwide. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Bunge as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Bunge Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.