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NEW YORK ( TheStreet) -- Community Bank System (NYSE: CBU) hit a new 52-week high Tuesday as it is currently trading at $28.53, above its previous 52-week high of $28.45 with 86,746 shares traded as of 11:09 a.m. ET. Average volume has been 236,700 shares over the past 30 days. Community Bank System has a market cap of $1.02 billion and is part of the financial sector and banking industry. Shares are up 0.1% year to date as of the close of trading on Friday. Community Bank System, Inc. operates as the holding company for Community Bank, N.A. that provides various banking and financial services to the retail, commercial, and municipal customers. It offers loans and accepts deposits. The company has a P/E ratio of 14.1, above the average banking industry P/E ratio of 14 and below the S&P 500 P/E ratio of 17.7.