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NEW YORK ( TheStreet) -- Tejon Ranch Corporation (NYSE: TRC) hit a new 52-week high Monday as it traded at $35.86 compared with its previous 52-Week high of $35.85. Tejon Ranch is changing hands at $35.85 with 6,450 shares traded as of 9:31 a.m. ET. Average volume has been 61,400 shares over the past 30 days. Tejon Ranch has a market cap of $671.1 million and is part of the financial sector and real estate industry. Shares are up 30.1% year to date as of the close of trading on Friday. Tejon Ranch Co. operates as a real estate development and agribusiness company in the United States. It operates in three segments: Commercial/Industrial Real Estate Development and Services; Resort/Residential Real Estate Development; and Farming. The company has a P/E ratio of 154.3, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 15.8.