NEW YORK ( TheStreet) -- Taubman Centers (NYSE: TCO) hit a new 52-week high Tuesday as it is currently trading at $58.88, above its previous 52-week high of $58.80 with 170,544 shares traded as of 1:21 p.m. ET. Average volume has been 454,200 shares over the past 30 days. Taubman Centers has a market cap of $3.2 billion and is part of the financial sector and real estate industry. Shares are up 14.8% year to date as of the previous trading day's close. Taubman Centers, Inc. operates as a real estate investment trust. As of June 30, 2005, the company owned a 63% managing general partner's interest in The Taubman Realty Group Limited Partnership (the operating partnership). The company has a P/E ratio of 60.9, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
- Practice your TCO trading strategies and win cash in our stock game.