NEW YORK ( TheStreet) -- Macquarie Infrastructure Company (NYSE: MIC) hit a new 52-week high Thursday as it is currently trading at $28.68, above its previous 52-week high of $28.63 with 126,773 shares traded as of 1:02 p.m. ET. Average volume has been 167,000 shares over the past 30 days. Macquarie Infrastructure has a market cap of $1.3 billion and is part of the services sector and wholesale industry. Shares are up 0.9% year to date as of the close of trading on Wednesday. Macquarie Infrastructure Company LLC invests, owns, and operates in a diversified group of infrastructure businesses in the United States. Its businesses comprise the energy-related businesses and an aviation-related business. The company has a P/E ratio of 67.1, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter