NEW YORK ( TheStreet) -- Basic Sanitation Company of the State of Sa (NYSE: SBS) hit a new 52-week high Thursday as it traded at $57.93 compared with its previous 52-Week high of $57.85. Basic Sanitation Company of the State of Sa is changing hands at $57.85 with 21,102 shares traded as of 9:42 a.m. ET. Average volume has been 296,200 shares over the past 30 days. Basic Sanitation Company of the State of Sa has a market cap of $6.3 billion and is part of the utilities sector and utilities industry. Shares are up 8.4% year to date as of the close of trading on Wednesday. Companhia de Saneamento Basico do Estado de Sao Paulo provides basic and environmental sanitation services and sewage treatment services, as well as supplies treated water in the state of Sao Paulo. The company has a P/E ratio of 12.1, above the average utilities industry P/E ratio of 6.6 and below the S&P 500 P/E ratio of 16.2.
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