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NEW YORK ( TheStreet) -- Teekay Corp (NYSE: TK) hit a new 52-week high Friday as it traded at $36.84 compared with its previous 52-Week high of $36.57. Teekay is changing hands at $36.74 with 45,687 shares traded as of 10:08 a.m. ET. Average volume has been 352,500 shares over the past 30 days. Teekay has a market cap of $2.6 billion and is part of the services sector and transportation industry. Shares are up 5.8% year to date as of the close of trading on Thursday. Teekay Corporation provides crude oil and petroleum product transportation services in Bermuda and internationally. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 16.