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NEW YORK ( TheStreet) -- Triangle Capital (NYSE: TCAP) hit a new 52-week high Friday as it is currently trading at $20.25, above its previous 52-week high of $20.23 with 73,797 shares traded as of 11:59 a.m. ET. Average volume has been 281,700 shares over the past 30 days. Triangle has a market cap of $537.7 million and is part of the financial sector and financial services industry. Shares are up 5% year to date as of the close of trading on Thursday. Triangle Capital Corporation is a business development company specializing in private equity and venture capital investments. The company has a P/E ratio of 6.8, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.