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NEW YORK ( TheStreet) -- Aircastle (NYSE: AYR) hit a new 52-week high Thursday as it is currently trading at $13.89, above its previous 52-week high of $13.82 with 58,876 shares traded as of 11:04 a.m. ET. Average volume has been 472,300 shares over the past 30 days. Aircastle has a market cap of $951.6 million and is part of the services sector and diversified services industry. Shares are up 8.1% year to date as of the close of trading on Wednesday. Aircastle Limited, through its subsidiaries, engages in the acquisition, lease, and sale of high-utility commercial jet aircraft to passenger and cargo airlines worldwide. The company has a P/E ratio of 9.7, above the average diversified services industry P/E ratio of 9.3 and below the S&P 500 P/E ratio of 17.7.