NEW YORK (

TheStreet

) --

Camden Property

(NYSE:

CPT

) hit a new 52-week high Monday as it is currently trading at $59.72, above its previous 52-week high of $59.66 with 264,555 shares traded as of 1:35 p.m. ET. Average volume has been 593,400 shares over the past 30 days.

Camden Property has a market cap of $4.3 billion and is part of the

financial

sector and

real estate

industry. Shares are up 8.3% year to date as of the close of trading on Thursday.

TheStreet Recommends

Camden Property Trust operates as a real estate investment trust (REIT) in the United States. It engages in the ownership, development, construction, and management of middle- to upper-market multifamily communities. The company has a P/E ratio of 52, below the average real estate industry P/E ratio of 179.5 and above the S&P 500 P/E ratio of 16.7.

  • Practice your CPT trading strategies and win cash in our stock game.

TheStreet Ratings rates Camden Property as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full

Camden Property Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null