NEW YORK ( TheStreet) -- Post Properties (NYSE: PPS) hit a new 52-week high Wednesday as it traded at $38.20 compared with its previous 52-Week high of $37.87. Post is changing hands at $37.89 with 22,333 shares traded as of 9:36 a.m. ET. Average volume has been 434,900 shares over the past 30 days. Post has a market cap of $1.8 billion and is part of the financial sector and real estate industry. Shares are up 2% year to date as of the close of trading on Tuesday. Post Properties, Inc., a real estate investments trust (REIT), together with its subsidiaries, engages in the development, ownership, and management of multifamily apartment communities in the United States. The company has a P/E ratio of 28.3, above the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Post as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that net income has been generally deteriorating over time. You can view the full Post Ratings Report.