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NEW YORK ( TheStreet) -- Dominion Resources Inc (NYSE: D) hit a new 52-week high Wednesday as it is currently trading at $51.54, above its previous 52-week high of $51.44 with 328,463 shares traded as of 10:10 a.m. ET. Average volume has been 3.9 million shares over the past 30 days. Dominion has a market cap of $28.5 billion and is part of the utilities sector and utilities industry. Shares are up 17.1% year to date as of the close of trading on Tuesday. Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. It operates in three segments: DVP, Dominion Generation, and Dominion Energy. The company has a P/E ratio of 17.2, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.