NEW YORK ( TheStreet) -- United Rentals (NYSE: URI) hit a new 52-week high Monday as it is currently trading at $44.26, above its previous 52-week high of $44.12 with 1.3 million shares traded as of 3:45 p.m. ET. Average volume has been 2.3 million shares over the past 30 days. United Rentals has a market cap of $2.13 billion and is part of the services sector and diversified services industry. Shares are up 45.1% year to date as of the close of trading on Friday. United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It offers approximately 3,000 classes of equipment for rent to customers comprising construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The company has a P/E ratio of 31, below the average diversified services industry P/E ratio of 57.6 and above the S&P 500 P/E ratio of 17.7.
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