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NEW YORK ( TheStreet) -- Kansas City Southern (NYSE: KSU) hit a new 52-week high Friday as it is currently trading at $74.91, above its previous 52-week high of $74.77 with 968,183 shares traded as of 3:45 p.m. ET. Average volume has been 1.3 million shares over the past 30 days. Kansas City Southern has a market cap of $7.34 billion and is part of the services sector and transportation industry. Shares are up 42.1% year to date as of the close of trading on Thursday. Kansas City Southern, through its subsidiaries, engages in the freight rail transportation business. The company has a P/E ratio of 25.2, below the average transportation industry P/E ratio of 25.4 and above the S&P 500 P/E ratio of 17.7.