Tyson Reaches New 52-Week High (TSN)

NEW YORK ( TheStreet) -- Tyson Foods (NYSE: TSN) hit a new 52-week high Monday as it is currently trading at $29.45, above its previous 52-week high of $28.58 with 4.4 million shares traded as of 10:46 a.m. ET. Average volume has been 3.8 million shares over the past 30 days.

Tyson has a market cap of $8.11 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 47% year to date as of the close of trading on Friday.

Tyson Foods, Inc., together with its subsidiaries, engages in the production, distribution, and marketing of chicken, beef, pork, prepared foods, and related allied products worldwide. It operates in four segments: Chicken, Beef, Pork, and Prepared Foods.

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TheStreet Ratings rates Tyson 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 and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Tyson Ratings Report.

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