NEW YORK ( TheStreet) -- American Eagle Outfitters (NYSE: AEO) hit a new 52-week high Thursday as it is currently trading at $18.14, above its previous 52-week high of $18.06 with 1.7 million shares traded as of 10:55 a.m. ET. Average volume has been 4.9 million shares over the past 30 days. American Eagle Outfitters has a market cap of $3.42 billion and is part of the services sector and retail industry. Shares are up 14.3% year to date as of the close of trading on Wednesday. American Eagle Outfitters, Inc., together with its subsidiaries, operates as an apparel and accessories retailer in the United States and Canada. The company has a P/E ratio of 22.7, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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