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NEW YORK ( TheStreet) -- Atlas Energy (NYSE: ATLS) hit a new 52-week high Monday as it is currently trading at $37.51, above its previous 52-week high of $37.48 with 32,673 shares traded as of 10:29 a.m. ET. Average volume has been 483,600 shares over the past 30 days. Atlas Energy has a market cap of $1.82 billion and is part of the utilities sector and utilities industry. Shares are up 64.1% year to date as of the close of trading on Friday. 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 41.6, above the average utilities industry P/E ratio of 40.4 and above the S&P 500 P/E ratio of 17.7.