Coca-Cola (NYSE:KO) hit a new 52-week high Tuesday as it is currently trading at $42.27, above its previous 52-week high of $41.41 with 19.3 million shares traded as of 12:25 p.m. ET. Average volume has been 14.9 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) -- Coca-Cola (NYSE: KO) hit a new 52-week high Tuesday as it is currently trading at $42.27, above its previous 52-week high of $41.41 with 19.3 million shares traded as of 12:25 p.m. ET. Average volume has been 14.9 million shares over the past 30 days. Coca-Cola has a market cap of $183.08 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 13.3% 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 20.9, 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, increase in stock price during the past year, growth in earnings per share, notable return on equity and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Coca-Cola 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.