NEW YORK ( TheStreet) -- BB&T (NYSE: BBT) hit a new 52-week high Wednesday as it is currently trading at $31.76, above its previous 52-week high of $31.71 with 3.8 million shares traded as of 1:05 p.m. ET. Average volume has been 5.3 million shares over the past 30 days. BB&T has a market cap of $19.35 billion and is part of the financial sector and banking industry. Shares are up 23.5% year to date as of the close of trading on Tuesday. BB&T Corporation operates as a financial holding company for Branch Banking and Trust Company that provides various banking and trust services for retail and commercial clients. The company has a P/E ratio of 17.2, above the average banking industry P/E ratio of 15.2 and below the S&P 500 P/E ratio of 17.7.
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