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NEW YORK ( TheStreet) -- Sovran Self Storage (NYSE: SSS) hit a new 52-week high Tuesday as it is currently trading at $53.48, above its previous 52-week high of $53.13 with 11,703 shares traded as of 10:39 a.m. ET. Average volume has been 151,100 shares over the past 30 days. Sovran Self has a market cap of $1.54 billion and is part of the financial sector and real estate industry. Shares are up 23.5% year to date as of the close of trading on Monday. Sovran Self Storage, Inc. operates as a real estate investment trust (REIT). It engages in the acquisition, ownership, and management of self-storage properties in the United States. The company has a P/E ratio of 48.2, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.