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NEW YORK ( TheStreet) -- New Jersey Resources Corporation (NYSE: NJR) hit a new 52-week high Thursday as it is currently trading at $50.05, above its previous 52-week high of $49.99 with 114,107 shares traded as of 3:25 p.m. ET. Average volume has been 215,100 shares over the past 30 days. New Jersey has a market cap of $2.06 billion and is part of the utilities sector and utilities industry. Shares are up 14.5% year to date as of the close of trading on Wednesday. New Jersey Resources Corporation, an energy services holding company, provides retail and wholesale energy services. The company has a P/E ratio of 19.4, below the average utilities industry P/E ratio of 20.4 and above the S&P 500 P/E ratio of 17.7.