NEW YORK ( TheStreet) -- Atlas Energy (NYSE: ATLS) hit a new 52-week high Thursday as it is currently trading at $35.47, above its previous 52-week high of $35.40 with 171,306 shares traded as of 3:19 p.m. ET. Average volume has been 405,600 shares over the past 30 days. Atlas Energy has a market cap of $1.3 billion and is part of the utilities sector and utilities industry. Shares are up 57.2% year to date as of the close of trading on Wednesday. Atlas Energy, L.P. engages in the development and production of natural gas and oil in the Appalachian basin, Illinois basin, and the Rocky Mountain region of the United States. The company has a P/E ratio of 39.4, above the average utilities industry P/E ratio of 26.9 and above the S&P 500 P/E ratio of 17.7.
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