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NEW YORK ( TheStreet) -- American States Water (NYSE: AWR) hit a new 52-week high Thursday as it is currently trading at $38.02, above its previous 52-week high of $38 with 22,141 shares traded as of 11:15 a.m. ET. Average volume has been 98,100 shares over the past 30 days. American States Water has a market cap of $712.9 million and is part of the utilities sector and utilities industry. Shares are up 6.5% year to date as of the close of trading on Wednesday. American States Water Company, together with its subsidiaries, provides water, electric, and contracted services in the United States. The company has a P/E ratio of 15.8, above the average utilities industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7.