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NEW YORK ( TheStreet) -- Nicor Inc (NYSE: GAS) hit a new 52-week high Tuesday as it is currently trading at $56.33, above its previous 52-week high of $56.32 with 120,127 shares traded as of 1:19 p.m. ET. Average volume has been 359,500 shares over the past 30 days. Nicor has a market cap of $2.5 billion and is part of the utilities sector and utilities industry. Shares are up 10.9% year to date as of the close of trading on Monday. Nicor Inc., through its subsidiaries, engages in natural gas distribution business in the United States. The company distributes natural gas to approximately 2.2 million residential, commercial, and industrial customers in northern Illinois. The company has a P/E ratio of 21.5, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7.