General Mills (NYSE:GIS) hit a new 52-week high Friday as it is currently trading at $44.59, above its previous 52-week high of $44.52 with 6.6 million shares traded as of 4 p.m. ET. Average volume has been 3.4 million 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) -- General Mills (NYSE: GIS) hit a new 52-week high Friday as it is currently trading at $44.59, above its previous 52-week high of $44.52 with 6.6 million shares traded as of 4 p.m. ET. Average volume has been 3.4 million shares over the past 30 days. General Mills has a market cap of $27.79 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 6.3% year to date as of the close of trading on Thursday. General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates General Mills as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full General Mills Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.