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NEW YORK ( TheStreet) -- RailAmerica (NYSE: RA) hit a new 52-week high Wednesday as it is currently trading at $24.02, above its previous 52-week high of $23.90 with 750,703 shares traded as of 3:25 p.m. ET. Average volume has been 187,900 shares over the past 30 days. RailAmerica has a market cap of $1.09 billion and is part of the services sector and transportation industry. Shares are up 48.6% year to date as of the close of trading on Tuesday. RailAmerica, Inc. engages in the ownership and operation of short line and regional freight railroads in North America.