Coca-Cola (NYSE:CCE) hit a new 52-week high Tuesday as it is currently trading at $37.72, above its previous 52-week high of $37.66 with 255,915 shares traded as of 10:20 a.m. ET. Average volume has been 2.5 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: CCE) hit a new 52-week high Tuesday as it is currently trading at $37.72, above its previous 52-week high of $37.66 with 255,915 shares traded as of 10:20 a.m. ET. Average volume has been 2.5 million shares over the past 30 days. Coca-Cola has a market cap of $10.21 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 17.8% year to date as of the close of trading on Monday. Coca-Cola Enterprises, Inc. produces, distributes, and markets nonalcoholic beverages. It provides still and sparkling waters, flavored waters, juice and juice drinks, sports drinks, energy drinks, teas, and coffees. The company has a P/E ratio of 17.7, equal to 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 solid stock price performance, notable return on equity, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Coca-Cola 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.