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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) -- Philip Morris International (NYSE: PM) hit a new 52-week high Wednesday as it is currently trading at $96.66, above its previous 52-week high of $96.60 with 1.9 million shares traded as of 12 p.m. ET. Average volume has been five million shares over the past 30 days. Philip Morris International has a market cap of $157.58 billion and is part of the consumer goods sector and tobacco industry. Shares are up 14.3% year to date as of the close of trading on Tuesday. Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7.