NEW YORK ( TheStreet) -- OGE Energy (NYSE: OGE) hit a new 52-week high Friday as it traded at $49.80 compared with its previous 52-Week high of $49.78. OGE Energy is changing hands at $49.78 with 116,086 shares traded as of 12:24 p.m. ET. Average volume has been 416,500 shares over the past 30 days. OGE Energy has a market cap of $4.8 billion and is part of the utilities sector and utilities industry. Shares are up 8% year to date as of the close of trading on Thursday. OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider offering physical delivery and related services for electricity and natural gas primarily in the south central United States. The company has a P/E ratio of 16.4, above the average utilities industry P/E ratio of 8.2 and above the S&P 500 P/E ratio of 16.
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