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.
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