General Mills Stock Hits New 52-Week High (GIS)

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) -- General Mills (NYSE: GIS) hit a new 52-week high Wednesday as it is currently trading at $50.93, above its previous 52-week high of $50.90 with 1.7 million shares traded as of 1:36 p.m. ET. Average volume has been 3.9 million shares over the past 30 days.

General Mills has a market cap of $32.29 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 25.3% year to date as of the close of trading on Tuesday.

General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company has a P/E ratio of 18.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates General Mills as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and notable return on equity. 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 General Mills Ratings Report.

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