Altria Group (NYSE:MO) hit a new 52-week high Monday as it is currently trading at $36.95, above its previous 52-week high of $36.91 with 2.7 million shares traded as of 12:10 p.m. ET. Average volume has been 10.4 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) -- Altria Group (NYSE: MO) hit a new 52-week high Monday as it is currently trading at $36.95, above its previous 52-week high of $36.91 with 2.7 million shares traded as of 12:10 p.m. ET. Average volume has been 10.4 million shares over the past 30 days. Altria Group has a market cap of $73.01 billion and is part of the consumer goods sector and tobacco industry. Shares are up 16.7% year to date as of the close of trading on Friday. Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. The company has a P/E ratio of 16.8, below the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Altria Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, notable return on equity, expanding profit margins and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Altria Group Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.