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NEW YORK ( TheStreet) -- Fulton Financial Corporation (Nasdaq: FULT) hit a new 52-week high Friday as it is currently trading at $11.60, above its previous 52-week high of $11.59 with 589,053 shares traded as of 1:01 p.m. ET. Average volume has been one million shares over the past 30 days. Fulton Financial has a market cap of $2.3 billion and is part of the financial sector and banking industry. Shares are up 11.2% year to date as of the close of trading on Thursday. Fulton Financial Corporation operates as a multi-bank holding company that offers retail and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. The company has a P/E ratio of 18, equal to the average banking industry P/E ratio and above the S&P 500 P/E ratio of 17.