- Practice your SO trading strategies and win cash in our stock game.
NEW YORK ( TheStreet) -- Southern (NYSE: SO) hit a new 52-week high Wednesday as it is currently trading at $43.11, above its previous 52-week high of $43.09 with 185,094 shares traded as of 9:40 a.m. ET. Average volume has been 6.9 million shares over the past 30 days. Southern has a market cap of $36.8 billion and is part of the utilities sector and utilities industry. Shares are up 12.2% year to date as of the close of trading on Tuesday. Southern Company, through its subsidiaries, operates as a utility company that provides electric service in the southeastern United States. The company generates, transmits, and distributes electricity through coal, nuclear, oil and gas, and hydro resources. The company has a P/E ratio of 18.1, below the average utilities industry P/E ratio of 18.4 and above the S&P 500 P/E ratio of 17.7.