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NEW YORK ( TheStreet) -- Cincinnati Financial Corporation (Nasdaq: CINF) hit a new 52-week high Thursday as it is currently trading at $36.59, above its previous 52-week high of $36.55 with 13,141 shares traded as of 9:35 a.m. ET. Average volume has been 923,700 shares over the past 30 days. Cincinnati Financial has a market cap of $5.73 billion and is part of the financial sector and insurance industry. Shares are up 15.8% year to date as of the close of trading on Wednesday. Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. Its Commercial Lines Property Casualty Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. The company has a P/E ratio of 30.1, equal to the average insurance industry P/E ratio and above the S&P 500 P/E ratio of 17.7.