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) -- Companhia de Bebidas das Americas Ambev (NYSE: ABV) hit a new 52-week high Thursday as it is currently trading at $44.72, above its previous 52-week high of $44.63 with 308,610 shares traded as of 10:21 a.m. ET. Average volume has been 1.8 million shares over the past 30 days. Companhia de Bebidas das Americas Ambev has a market cap of $136.61 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 4% year to date as of the close of trading on Wednesday. Companhia de Bebidas das Americas Ambev engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt, and other non-alcoholic and non-carbonated products in the Americas. It also sells bottled water, isotonics, and ready-to-drink teas. The company has a P/E ratio of 103.6, above the S&P 500 P/E ratio of 17.7.
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