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) -- International Paper (NYSE: IP) hit a new 52-week high Thursday as it is currently trading at $48.71, above its previous 52-week high of $48.58 with 795,722 shares traded as of 9:56 a.m. ET. Average volume has been four million shares over the past 30 days. International has a market cap of $20.88 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 19.9% year to date as of the close of trading on Wednesday. International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, and North Africa. The company has a P/E ratio of 27.8, above the S&P 500 P/E ratio of 17.7.
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