Bunge Reaches New 52-Week High (BG)

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 Monday as it is currently trading at $75.05, above its previous 52-week high of $75 with 235,599 shares traded as of 11:46 a.m. ET. Average volume has been 854,300 shares over the past 30 days.

Bunge has a market cap of $10.91 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 2.8% year to date as of the close of trading on Friday.

Bunge Limited, through its subsidiaries, engages in the agriculture and food businesses worldwide. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7.

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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.

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