NEW YORK ( TheStreet) -- Penn National Gaming (Nasdaq: PENN) hit a new 52-week high Thursday as it is currently trading at $45.42, above its previous 52-week high of $44.95 with 239,053 shares traded as of 9:35 a.m. ET. Average volume has been 420,600 shares over the past 30 days. Penn National Gaming has a market cap of $3.23 billion and is part of the services sector and leisure industry. Shares are up 10.8% year to date as of the close of trading on Wednesday. Penn National Gaming, Inc. owns and manages gaming and pari-mutuel properties in the United States and Canada. The company is involved in hotel, dining, retail, admissions, program sales, concessions, racing operations, and other ancillary activities. The company has a P/E ratio of 18.7, equal to the average leisure industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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