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NEW YORK ( TheStreet) -- Equity One (NYSE: EQY) hit a new 52-week high Tuesday as it is currently trading at $21.04, above its previous 52-week high of $20.95 with 52,724 shares traded as of 10:10 a.m. ET. Average volume has been 616,000 shares over the past 30 days. Equity One has a market cap of $2.37 billion and is part of the financial sector and real estate industry. Shares are up 22.4% year to date as of the close of trading on Monday. Equity One, Inc., a real estate investment trust (REIT), engages in the ownership, management, acquisition, renovation, and development of neighborhood and community shopping centers in the United States. The company has a P/E ratio of 130.2, above the average real estate industry P/E ratio of 71.8 and above the S&P 500 P/E ratio of 17.7.