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NEW YORK ( TheStreet) -- Churchill Downs (Nasdaq: CHDN) hit a new 52-week high Tuesday as it is currently trading at $61.03, above its previous 52-week high of $60.76 with 8,027 shares traded as of 9:34 a.m. ET. Average volume has been 54,100 shares over the past 30 days. Churchill Downs has a market cap of $1.01 billion and is part of the services sector and leisure industry. Shares are up 12.1% year to date as of the close of trading on Monday. Churchill Downs Incorporated engages in the pari-mutuel horseracing, casino gaming, and entertainment businesses. It offers gaming products through its casinos in Mississippi; and slot and video poker operations in Louisiana and Florida. The company has a P/E ratio of 16.5, above the average leisure industry P/E ratio of 15.5 and below the S&P 500 P/E ratio of 17.7.