NEW YORK ( TheStreet) -- New Jersey Resources Corporation (NYSE: NJR) hit a new 52-week high Wednesday as it is currently trading at $46.30, above its previous 52-week high of $46.29 with 42,403 shares traded as of 12:35 p.m. ET. Average volume has been 165,300 shares over the past 30 days. New Jersey has a market cap of $1.9 billion and is part of the utilities sector and utilities industry. Shares are up 6.4% year to date as of the close of trading on Tuesday. New Jersey Resources Corporation provides retail and wholesale energy services. It operates in two segments, Natural Gas Distribution and Energy Services. The company has a P/E ratio of 23.6, below the average utilities industry P/E ratio of 23.8 and above the S&P 500 P/E ratio of 17.7.
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