NEW YORK ( TheStreet) -- Precision Drilling (NYSE: PDS) hit a new 52-week high Wednesday as it is currently trading at $15.24, above its previous 52-week high of $15.23 with 239,814 shares traded as of 9:42 a.m. ET. Average volume has been 1.5 million shares over the past 30 days. Precision has a market cap of $4 billion and is part of the basic materials sector and energy industry. Shares are up 53.3% year to date as of the close of trading on Tuesday. Precision Drilling Corporation, through its subsidiaries, provides onshore drilling, well servicing, and ancillary oilfield services to the oil and gas industry primarily in Canada and the United States. The company has a P/E ratio of 65.3, above the average energy industry P/E ratio of 64.9 and above the S&P 500 P/E ratio of 16.3.
- Practice your PDS trading strategies and win cash in our stock game.