Archer-Daniels Midland Stock Hits New 52-Week High (ADM)

NEW YORK ( TheStreet) -- Archer-Daniels Midland Company (NYSE: ADM) hit a new 52-week high Tuesday as it is currently trading at $35.14, above its previous 52-week high of $35.05 with 1.1 million shares traded as of 11:10 a.m. ET. Average volume has been 4.1 million shares over the past 30 days.

Archer-Daniels Midland has a market cap of $22.35 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 25.4% year to date as of the close of trading on Monday.

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.

  • 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 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.

See all 52-week high stocks or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..

null

More from Markets

Italy Bonds Plunge, Stocks Hit 13-Month Low as Constitutional Crisis Intensifies

Italy Bonds Plunge, Stocks Hit 13-Month Low as Constitutional Crisis Intensifies

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain