NEW YORK ( TheStreet) -- Digital Realty (NYSE: DLR) hit a new 52-week high Friday as it is currently trading at $73.79, above its previous 52-week high of $73.73 with 298,806 shares traded as of 11:59 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Digital has a market cap of $7.1 billion and is part of the financial sector and real estate industry. Shares are up 9.4% year to date as of the close of trading on Thursday. Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. The company has a P/E ratio of 55.4, above the average real estate industry P/E ratio of 54.1 and above the S&P 500 P/E ratio of 17.7.
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