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NEW YORK ( TheStreet) -- Companhia Paranaense De Energia (NYSE: ELP) hit a new 52-week high Wednesday as it traded at $27.22 compared with its previous 52-Week high of $27.18. Companhia Paranaense De Energia is changing hands at $27.20 with 24,067 shares traded as of 9:54 a.m. ET. Average volume has been 471,600 shares over the past 30 days. Companhia Paranaense De Energia has a market cap of $7.3 billion and is part of the utilities sector and utilities industry. Shares are up 6% year to date as of the close of trading on Tuesday. Companhia Paranaense de Energia Copel engages in the generation, transmission, distribution, and sale of electricity for industrial, residential, commercial, and rural customers primarily in the State of Parana, Brazil. The company has a P/E ratio of 19.8, below the average utilities industry P/E ratio of 23.2 and above the S&P 500 P/E ratio of 16.1.