NEW YORK ( TheStreet) -- BJ'S Restaurants (Nasdaq: BJRI) hit a new 52-week high Wednesday as it traded at $39.52 compared with its previous 52-Week high of $39.32. BJ'S is changing hands at $38.84 with 5,469 shares traded as of 9:31 a.m. ET. Average volume has been 298,700 shares over the past 30 days. BJ'S has a market cap of $1.1 billion and is part of the services sector and leisure industry. Shares are up 9.1% year to date as of the close of trading on Tuesday. BJ's Restaurants, Inc. owns and operates casual dining restaurants in the United States. The company has a P/E ratio of 47.4, equal to the average leisure industry P/E ratio and above the S&P 500 P/E ratio of 16. TheStreet Ratings rates BJ'S as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full BJ'S Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.