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NEW YORK ( TheStreet) -- Westar Energy (NYSE: WR) hit a new 52-week high Tuesday as it is currently trading at $27.46, above its previous 52-week high of $27.44 with 129,068 shares traded as of 11:07 a.m. ET. Average volume has been 981,200 shares over the past 30 days. Westar Energy has a market cap of $3.1 billion and is part of the utilities sector and utilities industry. Shares are up 8.1% year to date as of the previous trading day's close. Westar Energy, Inc., an electric utility company, engages in the generation, transmission, and distribution of electricity. It produces electricity through various sources, including coal, wind, nuclear, natural gas or oil, and diesel. The company has a P/E ratio of 15, below the average utilities industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 16.2.