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) -- Ball Corporation (NYSE: BLL) hit a new 52-week high Wednesday as it is currently trading at $48.10, above its previous 52-week high of $48.07 with 186,989 shares traded as of 12:20 p.m. ET. Average volume has been 861,200 shares over the past 30 days. Ball has a market cap of $7.04 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 6% year to date as of the close of trading on Tuesday. Ball Corporation, together with its subsidiaries, supplies metal packaging products to the beverage, food, personal care, and household products industries in the United States and internationally. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7.