NEW YORK ( TheStreet) -- Umpqua Holdings Corporation (Nasdaq: UMPQ) hit a new 52-week high Friday as it is currently trading at $13.40, above its previous 52-week high of $13.38 with 789,460 shares traded as of 11:15 a.m. ET. Average volume has been 973,900 shares over the past 30 days. Umpqua has a market cap of $1.47 billion and is part of the financial sector and banking industry. Shares are up 6.1% year to date as of the close of trading on Thursday. Umpqua Holdings Corporation operates as a holding company for Umpqua Bank and Umpqua Investments, Inc. The company has a P/E ratio of 19.8, below the average banking industry P/E ratio of 24.7 and above the S&P 500 P/E ratio of 17.7.
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