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) -- Packaging Corporation of America (NYSE: PKG) hit a new 52-week high Tuesday as it is currently trading at $47.31, above its previous 52-week high of $47.30 with 917,934 shares traded as of 3:46 p.m. ET. Average volume has been 932,500 shares over the past 30 days. Packaging Corporation of America has a market cap of $4.53 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 19.1% year to date as of the close of trading on Monday. Packaging Corporation of America engages in the manufacture and sale of containerboard and corrugated packaging products for industrial and consumer markets in the United States. The company has a P/E ratio of 24.5, above the S&P 500 P/E ratio of 17.7.
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