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NEW YORK ( TheStreet) -- American Express (NYSE: AXP) hit a new 52-week high Thursday as it is currently trading at $57.53, above its previous 52-week high of $57.50 with 2.7 million shares traded as of 1:40 p.m. ET. Average volume has been 6.5 million shares over the past 30 days. American Express has a market cap of $57.18 billion and is part of the financial sector and financial services industry. Shares are up 20.9% year to date as of the close of trading on Wednesday. American Express Company provides charge and credit payment card products, and travel-related services to worldwide. The company has a P/E ratio of 14, above the average financial services industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7.