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NEW YORK ( TheStreet) -- Alliant Energy Corporation (NYSE: LNT) hit a new 52-week high Tuesday as it is currently trading at $44.60, above its previous 52-week high of $44.57 with 347,307 shares traded as of 1:40 p.m. ET. Average volume has been 564,500 shares over the past 30 days. Alliant Energy has a market cap of $4.77 billion and is part of the utilities sector and utilities industry. Shares are down 0.2% year to date as of the close of trading on Monday. Alliant Energy Corporation, a utility holding company, provides regulated electricity and natural gas services to residential, commercial, and industrial customers in the Midwest region of the United States. The company has a P/E ratio of 15.9, above the average utilities industry P/E ratio of 15.7 and below the S&P 500 P/E ratio of 17.7.