NEW YORK ( TheStreet) -- Shinhan Financial Group (NYSE: SHG) hit a new 52-week high Tuesday as it is currently trading at $97.85, above its previous 52-week high of $97.82 with 5,962 shares traded as of 10:14 a.m. ET. Average volume has been 57,800 shares over the past 30 days. Shinhan Financial Group has a market cap of $23.1 billion and is part of the financial sector and banking industry. Shares are up 3.8% year to date as of the close of trading on Friday. Shinhan Financial Group Co., Ltd., together with its subsidiaries, provides financial products and services to corporations, governments, institutions, and individuals in Korea and internationally. The company has a P/E ratio of 10.3, above the average banking industry P/E ratio of 9.7 and below the S&P 500 P/E ratio of 17.7.
Practice your SHG trading strategies and win cash in our stock game.
TheStreet Ratings rates Shinhan Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full Shinhan Financial Group Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.