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NEW YORK ( TheStreet) -- Quanta Services (NYSE: PWR) hit a new 52-week high Wednesday as it is currently trading at $22.74, above its previous 52-week high of $22.55 with 859,256 shares traded as of 10:55 a.m. ET. Average volume has been 1.6 million shares over the past 30 days. Quanta Services has a market cap of $4.58 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 3.6% year to date as of the close of trading on Tuesday. Quanta Services, Inc. provides specialty contracting services primarily in North America. The company has a P/E ratio of 35.7, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7.