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NEW YORK ( TheStreet) -- Golar LNG (Nasdaq: GLNG) hit a new 52-week high Thursday as it is currently trading at $40.11, above its previous 52-week high of $39.90 with 124,491 shares traded as of 10:05 a.m. ET. Average volume has been 744,800 shares over the past 30 days. Golar LNG has a market cap of $3.1 billion and is part of the services sector and transportation industry. Shares are up 158.8% year to date as of the close of trading on Wednesday. Golar LNG Limited, a mid-stream liquefied natural gas (LNG) company, engages in the transportation, regasification, and liquefaction and trading of LNG. It acquires, owns, operates, and charters LNG carriers and floating storage regasification units (FSRUs). The company has a P/E ratio of 3817, above the S&P 500 P/E ratio of 17.7.