NEW YORK ( TheStreet) -- Enbridge (NYSE: ENB) hit a new 52-week high Monday as it is currently trading at $39.43, above its previous 52-week high of $39.43 with 286,727 shares traded as of 2:55 p.m. ET. Average volume has been 688,600 shares over the past 30 days. Enbridge has a market cap of $28.3 billion and is part of the basic materials sector and energy industry. Shares are up 3.8% year to date as of the close of trading on Friday. Enbridge Inc. engages in the transportation and distribution of crude oil and natural gas primarily in Canada and the United States. The company's Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGLs), and refined products pipelines and terminals. The company has a P/E ratio of 30.6, above the average energy industry P/E ratio of 26.8 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter