NEW YORK ( TheStreet) -- FirstEnergy (NYSE: FE) hit a new 52-week high Thursday as it is currently trading at $46.61, above its previous 52-week high of $46.59 with 895,995 shares traded as of 12:25 p.m. ET. Average volume has been 2.8 million shares over the past 30 days. FirstEnergy has a market cap of $19.21 billion and is part of the utilities sector and utilities industry. Shares are up 4.9% year to date as of the close of trading on Wednesday. FirstEnergy Corp. operates as a diversified energy company. The company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company has a P/E ratio of 20.8, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter