NEW YORK ( TheStreet) -- ITC Holdings (NYSE: ITC) hit a new 52-week high Monday as it is currently trading at $80.70, above its previous 52-week high of $78.89 with 167,666 shares traded as of 9:40 a.m. ET. Average volume has been 363,900 shares over the past 30 days. ITC has a market cap of $3.77 billion and is part of the utilities sector and utilities industry. Shares are up 19% year to date as of the close of trading on Friday. ITC Holdings Corp., through its subsidiaries, engages in the transmission of electricity in the United States. The company has a P/E ratio of 22.9, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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