Coca-Cola Reaches New 52-Week High (KO)

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) -- Coca-Cola (NYSE: KO) hit a new 52-week high Tuesday as it is currently trading at $40.67, above its previous 52-week high of $40.66 with 12.3 million shares traded as of 3:56 p.m. ET. Average volume has been 15 million shares over the past 30 days.

Coca-Cola has a market cap of $178.45 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 10.7% year to date as of the close of trading on Monday.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, notable return on equity and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Coca-Cola Ratings Report.

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