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NEW YORK ( TheStreet) -- Canadian Pacific Railway (NYSE: CP) hit a new 52-week high Monday as it is currently trading at $79.58, above its previous 52-week high of $79.57 with 372,182 shares traded as of 3:29 p.m. ET. Average volume has been 920,900 shares over the past 30 days. Canadian Pacific Railway has a market cap of $11.84 billion and is part of the services sector and transportation industry. Shares are up 15.4% year to date as of the close of trading on Friday. Canadian Pacific Railway Limited, through its subsidiaries, operates as a transcontinental railway providing freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. The company has a P/E ratio of 23.9, above the average transportation industry P/E ratio of 21.6 and above the S&P 500 P/E ratio of 17.7.