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NEW YORK ( TheStreet) -- Hawaiian Electric Industries (NYSE: HE) hit a new 52-week high Tuesday as it is currently trading at $26.86, above its previous 52-week high of $26.79 with 94,567 shares traded as of 10:20 a.m. ET. Average volume has been 401,800 shares over the past 30 days. Hawaiian Electric has a market cap of $2.56 billion and is part of the utilities sector and utilities industry. Shares are up 0.3% year to date as of the close of trading on Monday. Hawaiian Electric Industries, Inc., through its subsidiaries, primarily engages in electric utility and banking businesses primarily in Hawaii. The company has a P/E ratio of 18.4, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7.