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NEW YORK ( TheStreet) -- Assured Guaranty (NYSE: AGO) hit a new 52-week high Tuesday as it is currently trading at $18.59, above its previous 52-week high of $18.54 with 1.5 million shares traded as of 12:55 p.m. ET. Average volume has been 2.6 million shares over the past 30 days. Assured Guaranty has a market cap of $2.84 billion and is part of the financial sector and insurance industry. Shares are up 33.8% year to date as of the close of trading on Monday. Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company has a P/E ratio of 4.2, below the average insurance industry P/E ratio of 4.3 and below the S&P 500 P/E ratio of 17.7.