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NEW YORK ( TheStreet) -- LTC Properties (NYSE: LTC) hit a new 52-week high Wednesday as it is currently trading at $32.87, above its previous 52-week high of $32.86 with 60,142 shares traded as of 11:31 a.m. ET. Average volume has been 148,000 shares over the past 30 days. LTC has a market cap of $977.4 million and is part of the financial sector and real estate industry. Shares are up 5.3% year to date as of the close of trading on Tuesday. LTC Properties, Inc. operates as a health care real estate investment trust (REIT) in the United States. The company has a P/E ratio of 23.5, below the average real estate industry P/E ratio of 23.6 and above the S&P 500 P/E ratio of 17.7.