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NEW YORK ( TheStreet) -- Time Warner Cable (NYSE: TWC) hit a new 52-week high Monday as it is currently trading at $81.50, above its previous 52-week high of $81.45 with 502,039 shares traded as of 11:25 a.m. ET. Average volume has been 2.4 million shares over the past 30 days. Time Warner Cable has a market cap of $21.9 billion and is part of the services sector and media industry. Shares are up 27.2% year to date as of the close of trading on Friday. Time Warner Cable Inc., together with its subsidiaries, operates as a cable operator in the United States. It offers video, high-speed data, and voice services over its broadband cable systems to residential and business service customers. The company has a P/E ratio of 16.1, above the average media industry P/E ratio of 15.8 and below the S&P 500 P/E ratio of 17.7.