Archer-Daniels Midland Reaches New 52-Week High (ADM)

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) -- Archer-Daniels Midland Company (NYSE: ADM) hit a new 52-week high Wednesday as it is currently trading at $34.57, above its previous 52-week high of $34.49 with one million shares traded as of 10:35 a.m. ET. Average volume has been 4.4 million shares over the past 30 days.

Archer-Daniels Midland has a market cap of $22.4 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 24.4% year to date as of the close of trading on Tuesday.

Archer-Daniels-Midland Company manufactures and sells protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients; and processes oilseeds, corn, wheat, cocoa, and other agricultural commodities. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Archer-Daniels Midland as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Archer-Daniels Midland Ratings Report.

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